WASHINGTON, Oct 22 (Reuters) - President Donald Trump
said the chief executives of General Motors Co ( GM ) and Ford Motor Co ( F )
called to thank him on Wednesday for putting tariffs on mid- and
large-sized trucks, saying their companies stock has soared.
"They told me that, without Tariffs, it would be a very
hard, long 'slog' for Truck and Car Manufacturers in the United
States," he said in a Truth Social post. Trump last week set new
25% tariffs on imported medium- and heavy-duty trucks and parts
starting November 1.