Paccar Stock Rises on Trump’s Proposed Heavy Truck Tariffs
Paccar (PCAR) shares surged 5% following former President Donald Trump's announcement of a 25% tariff on imported heavy trucks, effective October 2025. The policy aims to shield domestic manufacturers like Peterbilt and Kenworth—both Paccar brands—from foreign competition.
The proposal highlights complexities in global supply chains. While TRUMP named Freightliner and Mack Trucks as beneficiaries, their parent companies are German and Swedish, respectively. Paccar's own operations span the U.S., Canada, and Mexico, suggesting potential cross-border impacts.
Market reaction reflects investor Optimism about protectionist measures boosting domestic producers, though the tariffs' ultimate effect remains uncertain given intertwined manufacturing networks.
