On September 25, the Trump administration invoked Section 232 of the Trade Expansion Act of 1962 as its legal basis to announce a new round of tariff increases targeting heavy-duty trucks, furniture, brand-name, and patented pharmaceutical products, claiming these imports pose a national security threat. This move undoubtedly intensifies the "America First" trade framework of U.S. President Donald Trump's second term.
October 1, 2025
2025-10-01