Truck Tariffs to Take Effect, With Mexico and Canada Sharing Brunt of Impact

Date:

The U.S. trade deficit with Mexico for medium- and heavy-duty trucks soared above $5.1 billion in 2024. |October 31, 2025Updated:October 31, 2025Starting Nov. 1, the United States will impose a 25 percent tariff on imports of medium- and heavy-duty trucks, impacting billions in imports from Mexico and Canada.Of the $12 billion in U.S. imports of medium- and heavy-duty trucks in 2024, Mexico ($5.9 billion) and Canada ($3.3 billion) led the way and accounted for 48 percent and 27 percent of total imports, respectively.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Typhoon Dolphin Brings Heavy Rain to Northern Taiwan During Its Approach to China

Typhoon Dolphin brings heavy rain to northern Taiwan as...

US Forces Have Diverted 53 Ships Since Resuming Iran Blockade, CENTCOM Says

U.S. Marines from the 11th Marine Expeditionary Unit conduct...

Beijing Sanctions 2 US Labs That Can Prove Where Cotton Grew

This photo taken on Sept. 20, 2015 shows Chinese...

Childs Refusal to Wear Seatbelt Leads to Toronto-Bound Flight Being Cancelled

A Porter plane taxis at the airport in Ottawa,...