The U.S. Commerce Department has initiated a national security investigation under Section 232 into imports of medium- and heavy-duty trucks and their components.

The review aims to determine whether these imports threaten national security, potentially leading to new tariffs.

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  • The investigation focuses on foreign-made work trucks and parts.

  • If deemed a security risk, the government may impose tariffs.

  • The probe will examine U.S. manufacturing capacity and reliance on overseas suppliers.

  • It forms part of broader efforts to strengthen domestic industrial resilience.

Source: Forex Live