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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.
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.
This article was written by Eamonn Sheridan at www.forexlive.com.
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