Tag: Trade Policy

  • Diesel Lockout

    Russia’s decision to keep its refiners locked out of export markets for another month deepens a global diesel squeeze that has already sent futures to record premiums and left Turkey, Brazil and North Africa scrambling for replacement barrels. MOSCOW, Sept. 1: Russia’s government has extended its ban on diesel exports by producers through September 30,…

  • India Gold Peg

    India’s customs board has trimmed the benchmark import value it uses to tax gold even as bullion trades near record highs, while nudging up the floor prices applied to palm oil, soybean oil and brass scrap in the latest turn of its fortnightly valuation cycle. NEW DELHI, Sept. 1: India’s Central Board of Indirect Taxes…

  • SA Sugar Wall

    South Africa has raised its sugar import duty by roughly 44 percent after lifting the dollar-based reference price to $785 per ton, erecting a higher tariff wall around the entire Southern African Customs Union in a bid to halt an import surge that has grown more than seventy-fold in four years. JOHANNESBURG, Sept. 1: Importers…

  • Drug Duty Dash

    Four weeks before 100 percent Section 232 pharmaceutical tariffs extend to every importer, smaller drugmakers race for US manufacturing capacity, exemption deals, and answers WASHINGTON, September 1, 2026: With the calendar turning to September, the pharmaceutical industry entered the final four weeks before the most consequential deadline in modern drug trade policy: on September 29,…

  • Refund Logjam

    With 132 billion dollars in invalidated IEEPA tariffs moving through CBP’s refund pipeline, a delayed third phase, 1.7 billion dollars stranded over missing bank details, and a government appeal threaten to slow the largest duty giveback in American history WASHINGTON, September 1, 2026: The largest customs refund operation ever attempted by the United States government…

  • Quota Day One

    USTR’s cotton-linked textile tariff-rate quota reaches its September 1 operational target, forcing importers, US yarn mills, and four Asian supplier nations to confront a new sourcing arithmetic WASHINGTON, September 1, 2026: The most closely watched date on the American textile trade calendar arrived Monday, as the Office of the United States Trade Representative’s long-promised tariff-rate…

  • Rate Hold Looms

    Economists are unanimous that the Bank of Canada will leave its policy rate at 2.25 per cent on Wednesday, but the escalating tariff conflict with Washington has reopened a debate the central bank thought it had settled, and the guidance matters more to exporters than the decision itself. OTTAWA, September 1, 2026 – The Bank…

  • Trump Escalates

    The U.S. president used a holiday-weekend social media post to brand Canada “one of the worst abusers” on trade and urge Canadian manufacturers to relocate south, hardening positions one week before Ottawa’s dollar-for-dollar counter-tariffs take effect on September 8. OTTAWA, September 1, 2026 – Any hope that the Labour Day weekend might cool the fastest-moving…

  • Brazil Opens Up

    New zero-duty import quotas take effect in Brasilia as the Gecex trade chamber extends a busy season of selective liberalization, even as steel protection tightens BRASILIA, August 29, 2026 Brazil’s newest import tariff-rate quotas entered into force on August 28, opening a one year window of reduced-duty access for three products under a decision published…

  • Citric Squeeze

    The Eurasian Economic Union opens an anti-dumping investigation into Chinese citric acid, joining a widening global front of trade defense actions against the world’s dominant supplier MOSCOW AND ASTANA, August 29, 2026 The Eurasian Economic Union has initiated an anti-dumping investigation into imports of citric acid from China, opening a new front in what has…