financetom
Business
financetom
/
Business
/
US opens tariff probes into medical equipment, robotics, industrial machinery
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US opens tariff probes into medical equipment, robotics, industrial machinery
Sep 24, 2025 2:15 PM

WASHINGTON (Reuters) -The U.S. Commerce Department said on Wednesday it has opened new national security investigations into the import of personal protective equipment, medical items, robotics and industrial machinery.

The "Section 232" investigations, which were opened on September 2 but not publicly disclosed previously, could be used as a basis of even higher tariffs on a wide swath of medical and industrial goods including imported face masks, syringes, and infusion pumps as well as for robotics and industrial machinery like programmable, computer-controlled mechanical systems and industrial stamping and pressing machines.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Amazon to Shut Down AI Research Lab in Shanghai
Market Chatter: Amazon to Shut Down AI Research Lab in Shanghai
Jul 23, 2025
06:38 AM EDT, 07/23/2025 (MT Newswires) -- Amazon ( AMZN ) is shutting down the Shanghai artificial intelligence lab, which the company's Amazon Web Services cloud arm established in 2018, the Financial Times reported Wednesday, citing a social media post from a scientist at the Shanghai lab. Minjie wrote that his team was being dissolved due to strategic adjustments amid...
Hilton Q2 Earnings, Revenue Rise; Outlook Updated
Hilton Q2 Earnings, Revenue Rise; Outlook Updated
Jul 23, 2025
06:38 AM EDT, 07/23/2025 (MT Newswires) -- Hilton Worldwide Holdings ( HLT ) reported Q2 adjusted earnings Wednesday of $2.20 per share, up from $1.91 a year earlier. Analysts surveyed by FactSet expected $2.05. Revenue for the three months ended June 30 was $3.14 billion, up from $2.95 billion last year. Analysts surveyed by FactSet expected $3.10 billion. The company...
Thermo Fisher beats quarterly estimates on resilient demand for its tools and services
Thermo Fisher beats quarterly estimates on resilient demand for its tools and services
Jul 23, 2025
July 23 (Reuters) - Thermo Fisher on Wednesday beat Wall Street estimates for second-quarter profit and revenue, helped by steady demand for its products and services used for developing therapies. Shares of the medical equipment maker were up 2.5% in premarket trading. The company joins peers such as Danaher ( DHR ) in beating quarterly profit estimates, citing strong demand...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved