Reported 1 day ago
President Trump has ordered an investigation into the importation of medium- and heavy-duty trucks and their parts to assess national security risks, potentially leading to new tariffs. This probe, which follows similar investigations in various sectors, aims to determine if domestic production can satisfy U.S. demand and addresses concerns over foreign suppliers’ influence on the market. The Commerce Department’s inquiry began on April 22, highlighting ongoing trade tensions that could impact costs for fleet operators and commercial shipping.
Source: YAHOO