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The One Big Beautiful Bill Act (H.R.1), signed into law on July 4, has the potential for significant impact on work truck owners and fleet managers. There are several provisions that encourage investment and offer tax savings, especially for U.S.-manufactured equipment. However, certain sectors, most notably clean and renewable energy, may slow down due to the elimination of some incentives.
When combined with shifting U.S. tariff policy, the next few years could bring real uncertainty. Increased costs for imported raw materials, components, and finished goods will likely raise expenses for manufacturers and slow some purchasing decisions.
So, what are the key provisions of the Bill, and how might tariffs affect your business decisions? [READ MORE]
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