16 April 2026 U.S. Machinery & Electrical Equipment Machinery & Electricals: The Section 232 metals tariff changes - who's better vs. worse off? Chad Dillard +1 917 344 8469 chad.dillard@bernsteinsg.com The 4-factor framework for sorting who is most/least impacted. What matters most: 1) the share of revenues generated from foreign imports into the US; 2) whether the sector in which the company resides is already subject to Section 232 sectoral tariffs (trucks are insulated); 3) whether the company follows L ...