President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.
The new truck tariffs will impact key U.S. trading partners, including Mexico, Canada, Japan, Germany and Finland.
Lisle-based International Motors — formerly known as Navistar — is most reliant on imports, with about 98% of its US trucks coming from Mexico.
President Donald Trump said that all medium- and heavy-duty trucks imported into the U.S. will face a 25% tariff rate starting Nov. 1.
President Donald Trump announced a fresh 25% tariff on foreign-made medium- and heavy-duty trucks, set to take effect at the start of next month.
The Trump administration announced last week it would begin harnessing 25 percent levies on heavy-duty trucks imported into ...
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