Overview

• The start date was pushed back from an initial Oct. 1 target after automakers and suppliers warned about costs, supply chains and competitiveness.
• The Commerce Department probe launched in April examined trucks over 10,000 pounds and related parts, finding reliance on a small number of overseas manufacturers.
• U.S. trade data identify Mexico, Canada, Japan, Germany and Finland as top sources of imported trucks likely to be directly affected by the new duties.
• Industry stakes are significant as trucking carries about 73% of U.S. freight and operators run on thin margins, increasing the risk of higher costs being passed to customers.
• The announcement arrives as the Supreme Court prepares a Nov. 5 hearing on the administration’s trade authorities and as Trump meets this week with Canada’s Mark Carney and Finland’s Alexander Stubb, with trade expected to be discussed.