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flag Trump says GM and Ford executives thanked him for 25% tariff on imported trucks, set for November.

flag On October 22, 2025, President Donald Trump claimed via Truth Social that executives from General Motors and Ford called him to thank him for imposing a 25% tariff on medium- and large-size imported trucks, which he said boosted their stock prices. flag The tariff, set to take effect in November, targets heavy-duty vehicles like delivery trucks, buses, and semi-trucks, and is framed as a national security measure to support domestic manufacturing. flag The policy includes exceptions for vehicles using U.S.-made components assembled in Canada and Mexico. flag While the administration asserts the move strengthens American industry, the long-term economic effects remain uncertain.

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