Peterbilt owner Paccar jumps after Trump tariffs on heavy trucks | NYGazet

Paccar's competitors can manufacture trucks cheaper in Mexico. Trump's tariffs likely level the playing field, according to analysts.

Shares of Paccar jumped about 5% on Friday after President Donald Trump announced that he will impose a 25% tariff on imported heavy trucks beginning Oct. 1. Trump said in a social media post Thursday that "large Truck Company Manufacturers, such as ... [466 chars]