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Trump announces new 25% tariff on medium and heavy duty trucks
short by Ankush Verma / on 07 Oct 2025,Tuesday
US President Donald Trump has said that all medium and heavy duty trucks imported into the country will face a 25% tariff rate starting November 1. Last month, Trump had said that heavy truck imports would face new duties on October 1 on national security grounds. He had added that new tariffs were to protect manufacturers from "unfair outside competition".
short by Ankush Verma / 07:56 am on 07 Oct
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