US President Donald Trump said top executives from General Motors and Ford called to thank him for imposing tariffs on medium- and heavy-duty trucks.
In a post on Truth Social, Trump wrote: "Mary Barra of General Motors, and Bill Ford of Ford Motor Company, just called to thank me for putting Tariffs on Mid Size and Large Size Trucks. Their Stock has gone through the roof! They told me that, without Tariffs, it would be a very hard, long “slog” for Truck and Car Manufacturers in the United States."
Trump imposes 25% tariff on imported trucks
Early October, Trump announced that medium- and heavy-duty trucks imported into the United States would face a 25% tariff starting November 1 . The move is part of the administration’s broader efforts to protect domestic manufacturing and support