In another move to escalate his protectionist trade agenda, President Donald Trump announced on Monday that beginning November 1, 2025, the United States will impose a 25% tariff on all medium and heavy-duty trucks imported from abroad.
"Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of 25%. Thank you for your attention to this matter," the Republican president wrote on Truth Social.
This latest decree on trucks is only the newest weapon in the President's tariff arsenal since taking office for a second term. The administration has unleashed a flurry of new import duties on specific goods this year.
Among the major new levies are a whopping 100% tariff on any branded or patented pharmaceutical product (with an exemption for companies building domestic manufacturing facilities). American consumers and businesses are also set to face higher costs on a range of home and industrial goods, including new duties on imports of softwood lumber (10%), upholstered furniture (starting at 25% and rising to 30%), and kitchen cabinets and bathroom vanities (starting at 25% and set to climb to 50%).
Moreover, the administration previously hiked tariffs on steel, aluminum, and copper to 50% and implemented a 25% tariff on imported automobiles and auto parts earlier in 2025, further roiling global trade.
Beyond these sector-specific duties, the administration has implemented broader tariff measures, as well.
The Universal Baseline Tariff imposes a 10% tariff on most goods from all non-sanctioned countries, often referred to as the "Liberation Day" tariff (effective April 2025).
Additional country-specific tariffs were applied on top of the baseline rate, ranging from 10% to over 40% for countries with which the U.S. has the largest trade deficits.
For instance, China faced a total tariff rate of 34% (which has seen further increases), and the European Union faced a rate of 15% under the reciprocal system. India was initially subject to a 25% reciprocal tariff, which was later supplemented by an additional 25% penalty over its Russian oil imports, bringing the total tariff on most Indian goods to 50%.
Source Name : Economic Times