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How Oct. 1 truck tariffs might play out for the industry
['David Taube']
Supply Chain Dive - Latest News
A 25% truck tariff is slated for Oct. 1, although official documentation has yet to be published.
“We are closely monitoring the situation, but it’s too early to provide a detailed comment,” a Daimler Truck North America spokesperson said Monday by email.
Truck manufacturers pointed out that 99% of Class 8 trucks from four OEMs, Daimler Truck North America, International, Paccar and Volvo Trucks North America, are manufactured domestically.
When adding in medium-duty manufacturers, including just a handful of other players, the industry assembled 88% of medium-duty and heavy-duty trucks in 2024, Stellantis noted.
Truck manufacturers called for new tariffs not to stack on top of existing ones.