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.