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Businesses worldwide brace for extra Trump tariffs on steel imports

Commerce department expected to add about 700 more items with steel content to levy list at request of US firms

Businesses around the world are steeling themselves for another round of Donald Trump’s tariffs, this time on goods ranging from bicycles to baking trays, as US industry embraces a call for more products to tax on import.

Small, medium and large American companies have asked the US Department of Commerce to add about 700 more items to an August list of 407 products already facing extra tariffs because of their steel content, which hit items such as Ikea tables with metal nuts and bolts and German combine harvesters.

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© Photograph: Fabian Bimmer/Reuters

© Photograph: Fabian Bimmer/Reuters

© Photograph: Fabian Bimmer/Reuters

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China poised to lift ban on chips exports to European carmakers after US deal

Dispute began with Dutch government takeover of Nexperia and China halting exports, threatening car production

The vital flow of chips from China to the car industry in Europe looks poised to resume as part of the deal struck last week between Donald Trump and his Chinese counterpart, Xi Jinping.

The Netherlands has signalled that its standoff with Beijing is close to a resolution amid signs China’s ban on exports of the key car industry components is easing.

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© Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock

© Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock

© Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock

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China accuses Dutch of prolonging chip war that threatens to halt car factories

Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chain

China has told the Netherlands to “stop interfering” in the seized chipmaker Nexperia, accusing it of prolonging a dispute that has disrupted the global car industry.

The Dutch government took control of the semiconductor-maker at the end of September amid US security concerns about the company’s Chinese parent, Wingtech Technology.

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© Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock

© Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock

© Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock

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