Trump announces 25% tariff on medium- and heavy-duty trucks

1. Trump to impose 25% tariff on medium and heavy-duty trucks starting Nov 1. 2. U.S. trucking industry moves 73% of domestic freight, vital to economy. 3. Around 2 million truck drivers employed, increasing operational cost concerns. 4. Tariffs may significantly impact profit margins in the logistics sector. 5. Top truck import sources include Mexico, Canada, Japan, Germany, and Finland.