Trump’s 25% Truck Tariff 2025 Shakes Global Trade

Trump’s 25% Truck Tariff 2025 Shakes Global Trade
US President Donald Trump will impose a 25% tariff on all medium- and heavy-duty trucks from November 1, 2025, escalating trade tensions with global automakers and impacting supply chains.
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US Court Blocks Trump’s Sweeping Import Tariffs in Landmark Ruling

US Court Blocks Trump’s Sweeping Import Tariffs in Landmark Ruling
In a significant legal development, US Court Blocks Trump’s Sweeping Import Tariffs in Landmark Ruling. The US Court of International Trade in Manhattan has halted the majority of President Donald Trump’s sweeping import tariffs, known as the “Liberation Day” tariffs. The court ruled that the President exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad tariffs on countries with large trade surpluses against the United States.
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