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Trump's big truck tariffs [View all]
He's protecting the US truck manufacturers from the imports. There are 7 companies selling the big trucks and they have 99% of the US market. Volvo comes in at number 4 with 10%. That is the only foreign truck maker. Hardly taking control of the market. Frieghtliner, Peterbuilt and International have close to 65% of the market.
One thing that is hurting the companies is the 25% tariff on steel and aluminum.
The truck tariff is just BS.
https://www.fleetowner.com/fleets-explained/article/55127030/fleets-explained-history-of-the-7-major-heavy-duty-truck-manufacturers-in-the-us
3 replies
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