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Tariffs

President Trump has initiated another trade war with Mexico, this time tied to curbing illegal immigration. While experts say the initial impact on trucking will be minimal, the effects will become more dire with each passing month if the dispute is not resolved quickly.

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Tariffs on Chinese Truck Tires Already in Effect

It didn't take long for tariffs to be implemented after the International Trade Commission reversed its stance on imported tires from China. As of Feb. 15, new tires from China are being subjected to tariffs.

Will Truck Sales Momentum Continue Through 2019?

Despite an overall positive truck sales forecast for 2019, tariffs and trade wars could be stumbling blocks that trip up the economy and send freight and truck sales downward, said two longtime industry analysts.

On Tariffs, Trade Wars, and Unintended Consequences

Trucking largely supported Donald Trump for president because of his promises to reduce regulation (which he’s been working on) and put in place pro-business policies (such as the tax cut.) But his trade war has a great many businesses concerned, if not up in arms – and it could even affect the economy.