The US may extend Trump’s tariffs on another 700 steel-related products at the request of small, medium and large US companies, it said.
Currently, 407 products with steel bundles already face additional duties.
According to a Guardian report, a variety of goods ranging from bicycles to baking tins could be added to the list.
The report said US firms had asked the US Commerce Department to add the goods to the August list.
Indiana-based Guardian Bikes, a Red Gold tomato canner, and a firm that makes steel truck wheels are among those that have sent requests to the U.S. Department of Commerce.
In an application to the trade minister, Guardian Bikes said the industry “was lost” with 11 million bikes to be imported in 2024.
While Red Gold complained it faced duties of 25% on tin steel imported from the UK and 50% on steel from other countries used for its own tin production.
In August, the Trump administration expanded its 50% tariffs on steel and aluminum imports, adding hundreds of derived products to the list of goods subject to tariffs.
The message says that non-steel and non-aluminum content will be subject to tariffs set by President Donald Trump on goods originating from certain countries.
Meanwhile, India’s exports to America declined for the fourth consecutive month across all sectors.
Chinese exports are down 25% in shipments to the United States, the government says.
Lingering trade tensions with Washington could get a reprieve in the final quarter of the year after President Donald Trump and Chinese leader Xi Jinping agreed last week to de-escalate the trade war between the two largest economies. But trade frictions appear to continue to threaten demand elsewhere.
Customs data showed China’s global exports fell 1.1% in October from a year earlier, the weakest since February after rising 8.3% in September. Imports rose 1% last month from a year earlier, compared with a 7.4% rise in September, the AP reported.
Asked if he agreed with Americans paying tariffs, Trump said: “No, I don’t. I think they could pay something. But if you take the total impact, the Americans will benefit greatly.”
