26 Sep 2025 | 5 Mins Read
Daimler and Traton Shares Decline on Tariffs
Flipitmoney
US President Donald Trump announced 25% tariffs on imported heavy-duty trucks, effective October 1, causing Daimler Truck and Traton shares to fall 2% and 2.4% respectively. The US auto industry association called the move incomprehensible, predicting it would weaken supply chains and increase costs, potentially affecting Daimler Truck's earnings by 700-800 million euros.