US auto tariffs: Donald Trump offers American car makers additional relief; truck parts face 25% duty
US auto tariffs: Donald Trump offers American car makers additional relief; truck parts face 25% duty
US President Donald Trump has signed an order offering relief to American carmakers by extending tariff offsets on imported parts until 2030. Simultaneously, a 25% tariff is imposed on medium and heavy-duty truck parts from November 1, following a national security review. This aims to boost domestic manufacturing, though some USMCA-eligible trucks will receive preferential treatment.
US President Donald Trump has signed an order offering relief to American carmakers by extending tariff offsets on imported parts until 2030. Simultaneously, a 25% tariff is imposed on medium and heavy-duty truck parts from November 1, following a national security review. This aims to boost domestic manufacturing, though some USMCA-eligible trucks will receive preferential treatment.
US President Donald Trump has signed an order offering relief to American carmakers by extending tariff offsets on imported parts until 2030. Simultaneously, a 25% tariff is imposed on medium and heavy-duty truck parts from November 1, following a national security review. This aims to boost domestic manufacturing, though some USMCA-eligible trucks will receive preferential treatment. 
