Daimler Truck, Traton Slide Over Trump’s Truck Tariffs (1)

Daimler Truck Holding AG and Volkswagen AG’s Traton SE declined in early trading as Europe’s truckmakers try to decode what to make of President Donald Trump’s latest tariff salvo.

The US plans to impose a 25% duty on imported heavy trucks starting on Wednesday, Trump announced in a post on Truth Social, without providing more details. Daimler Truck shares fell as much as 4.9% in Frankfurt, while Traton’s stock dropped 3.1%. Both companies operate assembly sites in Mexico that may be affected by the levies.

Shares of Sweden’s Volvo AB — which makes Volvo and Mack trucks locally ...