Reported about 4 hours ago
The U.S. Commerce Department is considering industry requests to impose new tariffs on additional imported auto parts due to national security concerns. This follows previous tariffs introduced by Trump on over $460 billion in vehicle imports. The department highlighted the rapid development in the automotive sector, emphasizing the need to protect critical technologies. Trade associations have urged the department to avoid further unexpected tariffs that could increase costs and uncertainty for businesses.
Source: YAHOO