Trump says US truck imports to face 25% tariff from November 1

Financial TimesMonday, October 6, 2025 at 7:11:11 PM
Trump says US truck imports to face 25% tariff from November 1
In a significant move, President Trump announced that starting November 1, truck imports to the U.S. will be subjected to a hefty 25% tariff. This decision comes just before crucial discussions with Canadian Prime Minister Mark Carney, raising concerns about the potential impact on trade relations and the automotive industry. The tariff could lead to increased costs for consumers and strain partnerships with Canada, making it a pivotal moment in U.S.-Canada trade dynamics.
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