Trump Extends Auto Tariff Relief, Imposes Truck and Bus Duties

Trump Extends Auto Tariff Relief, Imposes Truck and Bus Duties

The Trump administration formally imposed 25% tariffs on imported medium and heavy-duty trucks and parts, as well as a 10% duty on buses, while extending a key tariff reprieve for American automakers.

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(Bloomberg) — The Trump administration formally imposed 25% tariffs on imported medium and heavy-duty trucks and parts, as well as a 10% duty on buses, while extending a key tariff reprieve for American automakers.

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