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.
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If deemed a security risk, the government may impose tariffs.
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The probe will examine U.S. manufacturing capacity and reliance on overseas suppliers.
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It forms part of broader efforts to strengthen domestic industrial resilience.
This article was written by Eamonn Sheridan at www.forexlive.com.
