Trump imposing new 25% large truck tariff starting Nov. 1

Investing.comMonday, October 6, 2025 at 8:31:06 PM
Trump imposing new 25% large truck tariff starting Nov. 1
Starting November 1, President Trump is set to impose a new 25% tariff on large trucks, a move that could significantly impact the automotive industry and consumers alike. This decision raises concerns about increased vehicle prices and potential job losses in manufacturing, as companies may struggle to absorb the added costs. The tariff is part of a broader strategy to protect domestic industries, but it also risks escalating trade tensions and could lead to retaliatory measures from other countries.
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