Trump slaps 25% tariffs on heavy trucks imports, starting Oct. 1
1. Trump announced a 25% tariff on imported heavy trucks effective Oct. 1. 2. The tariffs aim to protect U.S. manufacturing from foreign competition. 3. Other tariffs will apply, including 100% on pharmaceuticals and 50% on cabinets. 4. The policy targets large truck manufacturers like Peterbilt and Freightliner.