At one time, most compact trucks (like the Toyota Tacoma) were imported as cab and chassis with some final assembly needed. These were classified as ___________ with a tariff of ______.

Question

Quizplus · Accepted Answer

These trucks were classified as "parts of trucks" to take advantage of a lower tariff rate, which was 4%. This classification allowed manufacturers to reduce costs associated with importing vehicles.

At One Time, Most Compact Trucks (Like the Toyota Tacoma)