Three ways Trump’s tax bill will change U.S. truck market

testerdahl

Administrator
Staff member
Trump’s tax bill was signed into law and it has three significant ways it will change the U.S. truck market. Trump’s Big Beautiful Bill The bill was signed into law on July 4, 2025 and includes several changes to the tax code including several significant changes for the automotive market. These changes will significantly impact everything from consumer buying, automaker’s capital investments and tax savings for consumers. These aren’t future changes either, they take effect now or in the coming months. CAFE fines ended The Corporate Average Fuel Economy (CAFE) program, signed into law in 1975, was in response to […] (read full article...)
 
Just ending the fines for CAFE seems kind if half assed, just eliminate the CAFE standards entirely, and throw them in the dustbin of history.
 
It give the political cover of, "I didn't kill CAFE. Look! It's still there! (as window dressing)"

Also, don't expect this to change even if the Democrats win the house and senate in the midterms. They can possibly get those but they will not have a supermajority large enough to outvote Trump's Veto. IT would take winning the White House, Senate, and House to change things back. That's a long ways away.
 
Last edited:
Back
Top