Economy

Trump announces 25% tariff on medium-duty and heavy-duty trucks starting November 1, 2025

"Breaking: Trump announces a 25% tariff on medium-duty and heavy-duty trucks starting November 1, 2025. Discover the implications for U.S. trade and the economy."

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Trump announces 25% tariff on medium-duty and heavy-duty trucks starting November 1, 2025
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U.S. President Donald J. Trump announced that beginning November 1, 2025, all medium-duty and heavy-duty semi-trucks entering the United States will be subject to a tariff rate of 25%. This decision is part of the administration"s ongoing trade policy.

For more information on this topic, see recent developments regarding the tariff announcement.

This announcement comes amid various economic discussions and developments in the U.S., including a report from Moody"s indicating that 22 states and Washington D.C. are in recession, even as the U.S. GDP grows at 3.8%. For further details, refer to previous reports on the economic situation.

The implementation of this tariff is expected to impact the trucking industry and international trade relations.