Reported about 8 hours ago
The Trump administration has initiated investigations into imports of robotics, industrial machinery, and medical devices, potentially leading to new tariffs as part of its effort to boost domestic manufacturing. These inquiries are conducted under Section 232 of the Trade Expansion Act, focusing on goods deemed critical for national security. The Commerce Department has 270 days to recommend policies, with concerns growing over the U.S. reliance on foreign medical consumables and the impact of existing tariffs on various industries.
Source: YAHOO