Trump Implements 25% Tariffs on Truck and Bus Imports
TL;DR Summary
President Trump signed a proclamation imposing 25% tariffs on all medium- and heavy-duty truck imports and 10% on buses, aiming to protect U.S. manufacturers and incentivize domestic production through import credits for parts used in vehicle assembly.
- Trump signs proclamation imposing tariffs on truck and bus imports CBS News
- Trump Sets Tariffs on Trucks and Buses and Extends Exemptions for Automakers The New York Times
- Trump approves expanding credits for US auto production, issues new 25% truck duties Yahoo Finance
- US offers tariff relief for trucks imported from Mexico and Canada Financial Times
- Trump signs order hitting truck imports with 25% tariffs CBC
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
89%
326 → 37 words
Want the full story? Read the original article
Read on CBS News