Tag: Tariff Rate Quotas
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The melt and pour rule became mandatory on October 1, and Europe’s 50 percent out-of-quota duty now has the origin tracing it needed to work BRUSSELS, October 8, 2026 The European Union’s steel import regime passed its quietest and most consequential deadline a week ago, and most of the world’s exporters are only now discovering…
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The European Union’s melt and pour traceability requirement took effect on October 1, converting a paperwork obligation into the gatekeeper for an 18.3 million tonne quota backed by a 50 percent out-of-quota duty BRUSSELS, October 2, 2026 As of 00:00 on October 1, 2026, a steel consignment arriving at an European Union port without documentary…
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China’s safeguard surtax slams shut the world’s largest beef import market for Brazil, pushing the effective duty to 67 percent and forcing a global rerouting of protein trade in the final quarter of 2026 SAO PAULO / BEIJING, October 2, 2026 Brazil’s beef industry has run into the hardest trade barrier it has faced in…
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Europe’s new steel wall hardens on 1 October as melt and pour proof becomes binding and a second quota tranche opens against near total exhaustion of the first BRUSSELS, 29 September 2026 Europe’s steel importers have roughly 48 hours left before the most consequential customs paperwork requirement in a generation takes legal effect, and the…
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From 1 October every steel import into the European Union must be traced back to the furnace where it was first cast. Importers who cannot evidence the country of melt and pour face rejection at the border, and the data will govern quota allocation from 2027. BRUSSELS / LONDON, 22 September 2026 In nine days…
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Brussels has imposed provisional safeguards on grain-oriented electrical steel, laminations and transformer cores, with quotas for China, Japan and South Korea and a price-threshold duty mechanism that takes effect on 25 September. Transformer makers say the measure will raise the cost of Europe’s grid build-out. BRUSSELS, 22 September 2026 The European Commission has imposed provisional…
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Brussels and Manila land a political agreement covering more than 94 per cent of tariff lines and 97 per cent of bilateral trade, leaving only quota numbers unresolved. For importers, the clock is now running against the Philippines’ 2027 GSP+ cliff edge. BRUSSELS / MANILA, 22 September 2026 The European Union and the Philippines announced…
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Brussels trade officials reviewed implementation of the bloc’s new steel regime on 15 September as importers face a two week countdown to compulsory melt and pour declarations, an 18.3 million tonne duty free ceiling and a 50 percent out of quota tariff. Brussels, 16 September 2026 European Union member state trade officials gathered at the…
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Ottawa pushes for relief across every Section 232 sector as a 50 per cent Section 338 tariff wall closes in on August 19, with steel and aluminum export quotas back on the negotiating table OTTAWA, August 6, 2026 Prime Minister Mark Carney said Canadian negotiators are pressing Washington for relief across “all strategic sectors” of…