In a post to Truth Social, President Donald Trump stated: “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!” Companies linked to truck production include Paccar (PCAR), Allison Transmission (ALSN), Cummins (CMI), Eaton (ETN) and Modine (MOD).
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