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U.S. expands tariff dragnet to masks, syringes, pacemakers and robotics in sweeping import probe
CNBCยท 2025-09-25 02:33
Core Points - The Trump administration has initiated national security investigations into imports of robotics, industrial machinery, and medical devices, potentially leading to new tariffs that could increase costs for consumers, hospitals, and manufacturers [1][2] - The investigations, opened under "Section 232" of the Trade Expansion Act, aim to determine if these imports pose a threat to U.S. national security [2][3] - The scope of the probes includes personal protective equipment, medical equipment, and pharmaceuticals, reflecting concerns over reliance on foreign supply chains [3][5] Industry Impact - The auto industry may face significant challenges due to potential tariffs, as it represented the largest demand for industrial robots with 13,747 installations in the previous year, most of which were imported [7] - The healthcare sector could experience increased costs for medical devices and protective gear, potentially limiting access to essential equipment and care for patients [7] - The U.S. heavily relies on imports from Mexico and China for machinery, with these countries accounting for over 18% and 17% of total U.S. machinery purchases in 2023, respectively [6]