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U.S. Sets 25% Tariff on Medium and Heavy Truck Imports Starting Nov. 1

Mexico seeks content-based relief to shield integrated truck production from the new duty.

Overview

  • Mexico’s economy secretary Marcelo Ebrard says he will propose discounts tied to regional and U.S. content, mirroring treatment applied to light vehicles.
  • Whether trucks that meet USMCA regional-content rules will be exempt has not been clarified by the U.S. administration.
  • Mexico’s government estimates potential losses of up to $15 billion a year for the heavy-vehicle sector if the tariff applies broadly.
  • Mexico’s truck industry is heavily export-focused, with 13 assembly plants and one engine plant sending 159,466 units abroad last year, and some producers shipping more than 90% of output to the U.S.
  • President Trump frames the tariff as protecting U.S. manufacturers and truckers for national security reasons, while Mexican stakeholders discuss options that could include dispute mechanisms or mirror measures.