XTRA:DTGMachinery
US Truck Tariffs Could Be a Game Changer for Daimler Truck Holding (XTRA:DTG)
In recent days, President Donald Trump announced that 25% duties on medium- and heavy-duty truck imports to the US would begin November 1, directly impacting international manufacturers such as Daimler Truck Holding. This move comes as Daimler Truck consolidates its Mitsubishi Fuso operations in Japan, including the sale of its Nakatsu plant, amid an ongoing merger with Toyota Motors.
The US tariff announcement could materially affect Daimler Truck's competitiveness and cost structure in a...