neutral
43 days agoTrump grants tariff relief for US auto makers, imposes 25% duty on trucks
President Trump approved tariff relief measures for domestic auto manufacturers while introducing a 25% duty on imported heavy trucks and 10% on buses starting November. The move aims to shield US production and boost auto exports under the ‘America First’ industrial policy. Market analysts see mixed impacts for OEMs, with manufacturers benefiting from lower input costs but facing retaliatory risks from trading partners. The White House said the policy will be reviewed mid-2026.
Tags:
- Trump
- tariffs
neutral
43 days agoTrump grants tariff relief for US auto makers, imposes 25% duty on trucks
President Trump approved tariff relief measures for domestic auto manufacturers while introducing a 25% duty on imported heavy trucks and 10% on buses starting November. The move aims to shield US production and boost auto exports under the ‘America First’ industrial policy. Market analysts see mixed impacts for OEMs, with manufacturers benefiting from lower input costs but facing retaliatory risks from trading partners. The White House said the policy will be reviewed mid-2026.
Tags:
- Trump
- tariffs
1 min read
73 words
Trump approved tariff relief for US auto makers while adding 25% duties on imported trucks to boost domestic manufacturing under ‘America First’.
President Trump approved tariff relief measures for domestic auto manufacturers while introducing a 25% duty on imported heavy trucks and 10% on buses starting November. The move aims to shield US production and boost auto exports under the ‘America First’ industrial policy. Market analysts see mixed impacts for OEMs, with manufacturers benefiting from lower input costs but facing retaliatory risks from trading partners. The White House said the policy will be reviewed mid-2026.
President Trump approved tariff relief measures for domestic auto manufacturers while introducing a 25% duty on imported heavy trucks and 10% on buses starting November. The move aims to shield US production and boost auto exports under the ‘America First’ industrial policy. Market analysts see mixed impacts for OEMs, with manufacturers benefiting from lower input costs but facing retaliatory risks from trading partners. The White House said the policy will be reviewed mid-2026.
Tags:
- Trump
- tariffs
- Trump
- tariffs
- auto industry
- trade policy
- US economy
Oct 19, 2025 • 19:00