UK overhauls Iran controls, rolls over steel quotas in quarter-end surge
The start of the fourth quarter brought a surge of regulatory activity to the UK tariff, bookended by two major updates. The week was defined by a large-scale restructuring of import controls on Iranian goods, affecting key energy and industrial
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EU unleashes major agri-food trade defence action, hitting Chinese pea protein with heavy duties
The week was defined by a dramatic escalation of trade defence measures targeting the EU's agri-food sector. After a quiet start, regulators unleashed a massive enforcement wave, imposing definitive anti-dumping duties as high as 67.4% on
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UK: Britain considers levy on Chinese EV imports
Britain's government is considering tariffs on electric vehicles imported from China, as concerns grow that state-subsidised cars are entering the British market at artificially low prices. Business Minister Jonathan Reynolds is preparing a
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US consults on 2027 USMCA annual joint review
The US Trade Representative (USTR) announced a formal public consultation for the 2027 USMCA Annual Joint Review on 2 October 2026, seeking written feedback and oral testimony from stakeholders on the trade agreement among the United States, Mexico,
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US restricts aircraft parts to China in trade standoff
The Trump administration has begun limiting aircraft component exports to China as part of a broader strategy to gain negotiating power over rare earth mineral access. The effort signals how Washington plans to use supply chain dependencies as
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OECD urges stronger customs controls for EU CBAM
The OECD’s 2026 report, “Advancing the Implementation of the EU Carbon Border Adjustment Mechanism: Lessons from Romania” on 30 September 2026, provided practical guidance for National Competent Authorities (NCAs), Customs Authorities and
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Serbia: Parliament amends free zones laws with new customs rules, higher penalties
Serbia’s Parliament has enacted the Law on Amendments to the Law on Free Zones, published in the Official Gazette of the Republic of Serbia No. 80/2026. The Law entered into force on 8 September 2026. The Law on Amendments to the Law on Free
See MoreUS: Trump Administration weighs diesel export ban amid rising fuel costs
The Trump Administration is actively considering a diesel export ban as fuel prices continue climbing across the US. President Trump stated on 30 September 2026 that conversations about blocking diesel exports happen daily, with the administration
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US: Court challenges Trump’s ‘forced labour’ tariffs
The US Court of International Trade heard arguments on 30 September 2026 over the legal validity of President Trump's global tariffs. Three federal judges examined whether the administration exceeded its authority by imposing tariffs on imports
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Bangladesh gets US tariff exemption on medicines, APIs
The US has exempted specified medicines and Active Pharmaceutical Ingredients (APIs) from import tariffs for 20 countries and regions, including Bangladesh and India. The exemption covers rare disease medicines, fertility drugs, advanced cell and
See MoreEU unleashes massive trade defence wave targeting steel, chemicals, agri-food
The European Union executed a significant tightening of trade controls this week, defined by a massive wave of over 3,300 new trade defence measures. Activity began with major new anti-dumping duties on Chinese industrial inputs, including chemicals
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India copper sector seeks GST relief
Indian copper producers have urged the government to reduce the indirect goods and services tax (GST) on copper products to 5% from 18%, saying the existing rate had tied up more than INR 490 billion (USD 5.11 billion) in working capital. The
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EU urges UK to raise tariffs on Chinese cars
The European Union had urged the UK to increase tariffs on Chinese cars and align more closely with EU trade policy to prevent British exports from facing barriers under the bloc’s “made in Europe” measures, according to people familiar with
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China, US agree to broad tariff cuts, soybeans remain excluded
China's commerce ministry and the White House jointly announced a reciprocal tariff reduction plan worth USD 60 billion on 28 September 2026. Each country identified roughly USD 30 billion of goods for more favourable tariff treatment, with the
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US: Trump Administration shows no urgency on Canada trade deal as tariffs escalate
The Trump administration remains comfortable maintaining its trade standoff with Canada despite mounting economic pressures on both sides of the border. US Trade Representative Jamieson Greer stated on 25 September 2026 that Washington feels no
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US and China extend trade truce, push for bigger agreement
The US and China agreed, on 23 September 2026, to extend their trade truce by two months, pushing the expiration date to 10 January 2027. The original agreement, reached in Busan, South Korea, in May 2026, was set to expire on 10 November
See MoreMassive trade defence update on Asian stainless steel dominates EU tariff activity
After a quiet start, the week saw a major escalation in the European Union's trade defence posture, centered on the iron and steel sector. A massive update reaffirmed and adjusted anti-dumping duties on stainless steel products from China, India,
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US: Trump signs Russia Sanctions Bill into law, India faces tariff risk
President Donald Trump signed H.R. 5334, the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” into law on 18 September 2026. The House of Representatives passed the legislation two days earlier with a 262-159 vote. The bill
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