Businesses are preparing for potential tariff changes under President-elect Donald Trump’s administration, particularly concerning the trucking industry. Trump’s proposals include significant tariffs on goods from China and other countries, which could act as taxes on consumers and slow economic activity. The trucking sector, increasingly reliant on domestic freight from Mexico and Canada, will closely monitor these developments as they could impact trade dynamics. While some improvements in the trucking environment are expected in 2025, uncertainties remain regarding the timing and escalation of these tariffs.

Source: https://www.supplychaindive.com/news/trump-tariffs-trucking-impact-economists-ata-costello-brookings-winston/735266/