US, Mexico hold discussions in advance of USMCA joint review
The US Trade Representative (USTR), Jamieson Greer and Mexican Secretary of Economy Marcelo Ebrard have convened on 18 March 2026 to kick off bilateral technical discussions in advance of the USMCA Joint Review on 1 July 2026. Technical teams
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Italy to revise 2026 budget law delaying import fee, clarifying VAT rules, easing hyper-depreciation criteria
Italy’s Ministry of Economy and Finance announced on 12 March 2026 that it will soon issue legislative changes to the 2026 Budget Law (Law No. 199 of 30 December 2025), targeting key aspects of tax and customs policy. The planned changes will
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US moves forward with USD 166 billion refund for IEEPA tariffs
The US government is progressing on a four-part system to refund USD 166 billion in tariffs collected under the International Emergency Economic Powers Act (IEEPA), with progress estimated between 40% and 80%, according to a recent court
See MoreUS launches trade investigations against 60 largest trading partners over forced labour practices
The United States Trade Representative (USTR) on 12 March 2026 initiated investigations of 60 economies under Section 301(b) of the Trade Act of 1974. The investigations will determine whether acts, policies, and practices of each of these economies
See MoreUS, Ecuador sign reciprocal trade agreement
The US Trade Representative (USTR) Jamieson Greer and Ecuadorian Minister Luis Alberto Jaramillo signed a reciprocal trade agreement opening Ecuador's market of over 18 million consumers to American agricultural and industrial exports on 13 March
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Singapore to engage USTR over Section 301 probe citing disputed trade data
Singapore’s Ministry of Trade and Industry said on Thursday, 12 March 2026, that it will engage with the US Trade Representative (USTR) to clarify data and details of a Section 301 trade investigation targeting excess industrial capacity. The
See MoreUS launches trade investigations to restore tariff leverage after court setback
The Trump administration announced two new trade investigations on 11 March 2026, targeting unfair trade practices and forced labour as it seeks to rebuild tariff pressure following the US Supreme Court's dismantling of Trump's tariff program in
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European Parliament updates analysis on economic impact of US tariffs on the EU
The European Parliament has released an updated briefing on 5 March 2026, examining the economic, financial, and monetary impacts of US tariffs on the EU. This briefing provides an overview of the economic, financial, and monetary implications of
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EU, Canada strengthen CETA partnership with new investment, trade measures
The European Commissioner for Trade and Economic Security, Maroš Šefčovič and the Canadian Minister for International Trade, the Honourable Maninder Sidhu, co-chaired the fifth meeting of the Joint Committee of the European Union (EU)-Canada
See MoreEU, Canada launch negotiations for a digital trade agreement
The EU Commissioner for Trade and Economic Security, Maros Sefcovic, and Canada's Minister for International Trade, Maninder Sidhu, launched negotiations for an EU-Canada Digital Trade Agreement (DTA) on 6 March 2026. Building on nine years of
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US, China and other governments urge Ghana to reconsider gold royalty increase
China, the US, and several Western governments are urging Ghana to halt plans to raise gold royalties, sources say. Ghana aims to replace its fixed 5% royalty with a 5–12% sliding scale linked to gold prices, seeking higher revenue from rising
See MoreEU confident US will honour bilateral trade deal despite new tariffs
European Union Trade Commissioner Maros Sefcovic expressed confidence on Thursday, 5 March 2026, that the US will uphold last year's trade agreement between the two partners, citing reassurances from American officials. President Donald Trump's
See MoreUS: Court orders refund of tariffs following Supreme Court ruling
Judge Richard K. Eaton of the United States Court of International Trade issued an order on 4 March 2026, requiring US Customs and Border Protection to refund duties collected under Executive Orders issued through the International Emergency
See MoreCanada launches consultations to strengthen automotive remission framework
Canada’s Department of Finance, in a news release on 27 February 2026, announced that it launched consultations on potential ways to strengthen Canada’s automotive remission framework by further incentivising companies to produce and invest in
See MoreUS: Appeals Court fast tracks Trump tariff refund case
A US federal appeals court has accelerated the legal process that could determine how over USD 130 billion will be refunded to importers following the Supreme Court's decision to invalidate President Trump's tariffs. On Monday, 2 March 2026, the
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Brazil: GECEX partially reverses import duties on IT, capital goods
Brazil's Executive Committee of Foreign Commerce (GECEX) has partially reversed recent import duty hikes with the publication of Resolution No. 866 on 27 February 2026. The resolution restores the import tariff on 15 IT products, including
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Colombia threatens 50% tariff hike on Ecuador amid escalating trade, border dispute
Colombia said it will propose raising tariffs on certain Ecuadorean goods from 30% to 50% in response to Ecuador’s move to increase tariffs on Colombian imports from 1 March. Commerce Minister Diana Marcela Morales said the proposal targets 73
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IMF press briefing on US economy looks at tax and trade issues
On 25 February 2026 the IMF held a press briefing to discuss the issues raised by the article IV report on the US economy. The IMF emphasised that the US economy will continue to grow strongly in 2026 and 2027. US private sector entrepreneurs and
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