ATA Warns of Price Hikes as US Weighs New Truck Tariffs
The American Trucking Associations (ATA) has raised concerns about potential new tariffs on heavy-duty trucks and news. The ATA estimates that a 25% tariff on imported Class 8 tractors from Mexico could significantly increase prices. The US Department of Commerce is currently investigating the impact of truck imports on national security.
The ATA, in a letter to the US Department of Commerce, opposed the Section 232 tariff investigation, arguing that heavy-duty trucks used in the US are already made domestically or in Mexico under the USMCA agreement. The ATA is seeking relief for the trucking sector by lifting existing tariffs on steel, aluminum, and heavy-duty trucks.
Major truck manufacturers are assessing the impact of the new tariffs. Stellantis pointed to US International Trade Commission data showing that 88% of medium- and heavy-duty vehicles registered in the US in 2024 were assembled domestically. Stellantis also stated that current US truck assembly capacity exceeds current and future US demand. Paccar hopes the new tariff will negate the disadvantage faced by US truck manufacturers. However, the ATA warns of 'widespread negative consequences' for US truckers if Section 232 tariffs are applied.
The ATA is urging the US Department of Commerce to not implement new tariffs on heavy-duty trucks and news. Truck makers are reviewing the details of the new tariff before making a response. The outcome of the investigation and potential tariffs could significantly impact the trucking industry and consumers.
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