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Trump administration probes foreign auto imports

Black and white Kia sedans lined up
Kia cars await shipment at a South Korean port. Photo: Seung-il Ryu/NurPhoto via Getty Images

The U.S. has launched a Section 232 national security investigation into foreign automobile imports, reports Reuters.

Why it matters: President Trump used the same law to set the first round of steel and aluminum tariffs in March. If this probe results in tariffs on auto imports, it will hurt China, which is looking to crack the American market, but it will also deal significant blows to U.S. allies Japan and South Korea.