Trump Delays Truck Tariffs to November
President Trump delays 25% truck tariffs to November after US manufacturers complain. The protectionist measures target imported commercial vehicles while pharmaceutical tariffs see exceptions for trade partners.
President Donald Trump announced new import tariffs on trucks starting November 1. The 25% duty applies to all medium and heavy trucks entering the United States from foreign countries.
Trump confirmed the policy change on his Truth Social platform. He stated all imported commercial trucks will face the higher border tax.
The 25% truck tariff was known earlier, but the November start date is new. American vehicle manufacturers complained about the original October 1 deadline. Their pressure pushed the implementation back by one month.
On September 26, Trump signaled higher tariffs on several imports. The list included heavy trucks, furniture, and patented pharmaceuticals.
The White House later clarified the 100% drug tariffs would not apply to countries with existing trade agreements covering medicines. This means the European Union faces only 15% pharmaceutical tariffs under current agreements.
These protectionist measures come during an election year. The delayed implementation suggests some domestic industry pushback against the president's trade policies.