{"id":280852,"date":"2025-11-09T07:39:08","date_gmt":"2025-11-09T07:39:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/280852\/"},"modified":"2025-11-09T07:39:08","modified_gmt":"2025-11-09T07:39:08","slug":"us-may-expand-trump-tariffs-on-more-steel%e2%80%91linked-goods-says-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/280852\/","title":{"rendered":"US may expand Trump tariffs on more steel\u2011linked goods, says report"},"content":{"rendered":"

US may expand Trump tariffs<\/a> on 700 more steel\u2011linked goods at the request of small, medium and large American companies, said report.<\/p>\n

At present, 407 steel-linked products are already facing extra tariffs.<\/p>\n

According to the Guardian report, goods ranging from bicycles to baking trays could be added to the list.<\/p>\n

The report stated that the US firms have asked the US Department of Commerce to add the items to an August list.<\/p>\n

Guardian Bikes in Indiana, the tomato-canning company Red Gold, firms making steel wheels for trucks are among those who have submitted requests to the US commerce department.<\/p>\n

In a plea to the commerce secretary, Guardian Bikes stated that the industry \u2018was lost\u2019 amid 11 million bicycles being imported in 2024.<\/p>\n

Whereas, Red Gold 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.<\/p>\n

In August, the Trump administration widened the reach of its 50% tariffs on steel and aluminum imports by adding hundreds of derivative products to the list of goods subject to the levies.<\/p>\n

The non-steel and non-aluminum content will be subject to the tariff rates President Donald Trump has imposed on the goods originating from specific countries, the notice said.<\/p>\n

Meanwhile, India’s exports<\/a> to America tanked for the fourth straight month across all sectors.<\/p>\n

China’s exports saw a 25% drop in shipments to the United States, the government reported.<\/p>\n

Persisting trade tensions with Washington may get a respite 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 friction still appears to be casting a pall on demand elsewhere.<\/p>\n

Customs data show a 1.1% drop in China’s global exports<\/a> in October compared to a year earlier, the weakest since February, following an 8.3% increase in September. Imports rose 1% last month from the year before, compared with 7.4% growth in September, reported AP.<\/p>\n

Asked if he agreed that Americans were paying the tariffs<\/a>, Trump said: \u201cNo, I don’t agree. I think that they might be paying something. But when you take the overall impact, the Americans are gaining tremendously.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"US may expand Trump tariffs on 700 more steel\u2011linked goods at the request of small, medium and large…\n","protected":false},"author":2,"featured_media":280853,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,942,148687,148686,759,148688,3649,5736,47276],"class_list":["post-280852","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-president-donald-trump","tag-steel-items","tag-steel-linked-goods","tag-tariffs","tag-tariffs-on-steel","tag-trade-tensions","tag-trump-tariffs","tag-us-department-of-commerce"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/280852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=280852"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/280852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/280853"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=280852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=280852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=280852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}