The U.S. trade deficit with Mexico for medium- and heavy-duty trucks soared above $5.1 billion in 2024.
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Starting Nov. 1, the United States will impose a 25 percent tariff on imports of medium- and heavy-duty trucks, impacting billions in imports from Mexico and Canada.
Of the $12 billion in U.S. imports of medium- and heavy-duty trucks in 2024, Mexico ($5.9 billion) and Canada ($3.3 billion) led the way and accounted for 48 percent and 27 percent of total imports, respectively.
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Original News Source Link – Epoch Times
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