Businesses around the world are bracing themselves for another round of Donald Trump’s tariffs, this time on goods from bicycles to confiscation of import tax products.
Small, medium and large American companies asked the US Department of Commerce to add about 700 more items to a list in August because of steel items with metal nutsters.
The demands are ringing alarm bells across Europe where industry leaders fear a circulating and growing list of “steel derivatives” will now face the metals.
Manufacturers across Europe are reluctant to reconcile themselves to higher border taxes under the new trade frameworks Trump has struck. The UK agreement includes a baseline tariff on all goods of 10% and a 25% for steel, while the EU’s agreements are 25% and 50% respectively.
However, exporters say the new gerivative tariffs make a mockery of these agreements, because many goods will face a higher rate of value of the cost of the whole thing.
The latest requests for tariffs on products with steel elements arrived at a 21 October deadline set by the US Department of Commerce, the second consultation in three months.
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Experts said companies asking for products to be added to the first list of steel derivative tariffs in August had a near 100% success rate, fueling fears that most of the items now being proposed would make the latest list and hit exporters in December or January.
Among those who submitted requests to the Department of Commerice of the US are the guardians of the guardians of Indiana, the canning companies of Tomato used in trucks, printing and printing and flooring.
In an 11-page request to the secretary of commerce, Howard Lutnick, bicycles in the Guardian said that the US bike industry “was lost” because of 11m bicycles imported by 2024.
Its letter blamed China for “extreme competition”, but if the request for participation in the second Tariffs tariffs such as Brompton in Tariffs tariffs such as Brompton in Tariffes tariffs such as Brompton in Tariffes tariffs such as Brompton in villages Tariffs such as Brompton in villages Tariffs such as Brompton in Tariffs tariffs such as Brompton in Tariffs like Brompton in Tariffs like Brompton in Tariffs in Tariffs like Brompton in Tariffs in Tariffs like Brompton in Blevatives Tariffs in Tariffs
Red Gold, tomatoes from 43 farms in Indiana, Ohio and Michigan, make a similar case. In its 12-page letter to Lutnick, it complained that it was facing tariffs of 25% on tinplate steel imported from the UK and 50% on steel from elsewhere used in its own can production.
However, foreign businesses that sell finished tin cans directly to the US pay producers, targeting a red gold.
Also requesting to be included in the tariff list are two kitchen companies, American Pan and Chicago Metallic, which produce spices for bread, Buns, Baguette, Muffins. They complained that China was “flooding the market” with commercial cokeware, putting Chinese products at an “unfair” advantage.
George Riddell, a senior advisor at advisory flint global, said that the latest demands apply an “Expansionist” policy for the tariff list.
He said: “The US is taking a very liberal, vigorous approach to include new requests with zero requests that were rejected last time.”
Riddell added that the move spoke to “uncertainty in the relationship between the UK and the EU despite these deals”.
A decision on which products are included for the new set of tariffs is expected to be made in December, 60 days after the deadline for requests.