The U.S. Commerce Department has launched a Section 232 investigation into imports of medium- and heavy-duty trucks and parts, examining demand, domestic production, global supply chains, and potential unfair trade practices. Public comments are welcomed until May 16. This inquiry follows similar investigations in several sectors, raising concerns about tariffs that could increase equipment costs during an ongoing freight recession. Industry leaders warn that tariffs may further complicate contract rates and volumes, impacting small-business truckers and the overall recovery in the transportation market.

Source: https://www.supplychaindive.com/news/trump-section-232-investigation-trucks/746404/