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From Tomato Cans to Bicycles: US Producers Lead Charge for New Tariffs

by admin477351

A broad coalition of American producers, from local farms to bicycle makers, is leading a charge for new import tariffs on hundreds of foreign goods. The US Commerce Department is reviewing requests from firms like Guardian Bikes in Indiana and the tomato-canning company Red Gold, which represents 43 farms in the Midwest.

These companies have submitted detailed pleas for protection. Guardian Bikes’ 11-page letter argued the US bicycle industry “was lost” due to massive import numbers. Red Gold’s 12-page letter detailed how it pays 25-50% tariffs on raw steel for its cans, while foreign competitors ship in finished cans without facing the same costs, creating an unlevel playing field.

These are just two of the approximately 700 requests submitted by the October 21 deadline. The list also includes proposals from a mattress spring company, manufacturers of commercial baking pans, and makers of 200 different industrial machines.

This grassroots push from US industry is ringing alarm bells for global exporters. If the requests are approved, as is widely expected, tariffs would be applied globally. This means a request aimed at Chinese cookware could also hit European manufacturers, and a plea against Chinese bikes could affect brands from the UK and Italy.

Experts call this an “expansionist” policy and note the “near 100%” success rate of the last round of tariff requests. This has European businesses fearing that their existing trade deals are being ignored, as a decision on the new levies looms in December.

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