Trump issues 25% tariff on trucks and parts, extends 3.75% parts offset on automobiles
In a proclamation on October 17, President Trump announced he was formally imposing a 25% tariff on medium- and heavy-duty trucks (Class 3–8 vehicles) and truck parts, including engines, transmissions, tires, and chassis, as well as a 10% tariff on imported buses (school, transit, and motor coaches), while extending