EU pivots from administrative cleanup to aggressive trade defence, targeting Chinese goods
Week of 02–08 Aug 2026: After a mid-week lull focused on administrative consolidation and agricultural management, the EU returned to a significant protectionist posture, imposing immediate anti-dumping duties on Chinese...
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Italy: Revenue Agency issues first comprehensive guidance on collaborative compliance regime
The Italian Revenue Agency has announced the release of Circular No. 6/E of 6 August 2026, providing the first comprehensive guidance on collaborative compliance after sweeping reforms introduced by Legislative Decree No. 221 of 30 December 2023.
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UK shifts steel strategy to quotas, activates major bicycle duties
After four days of administrative quiet, UK trade policy saw significant implementation this week, defined by a strategic shift in the steel sector and a major reinforcement of trade defences for bicycles. The expiry of long-standing anti-dumping
See MoreEU unleashes broad trade defence campaign targeting China, Russia, and now US Biofuels
The European Union executed a significant protectionist shift this week, defined by a sustained and escalating campaign of trade defence actions. The week began with sweeping new controls on Russian industrial materials taking effect and was
See MoreUK expands bicycle anti-dumping duties in major trade defence action
This week was marked by a significant tightening of UK trade policy, headlined by a major expansion of the anti-dumping regime for bicycles. New 48.5% duties were applied to imports from Malaysia and Pakistan, and in a key anti-circumvention move,
See MoreEU pivots from farm tariffs to major anti-dumping action on Chinese industrial goods
A week largely defined by the routine activation of hundreds of seasonal agricultural tariffs took a sharp turn in its final hours with the imposition of significant new anti-dumping duties on a wide range of industrial goods from China. While the
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UK tariff sees major liberalisation for India, new scrutiny on Chinese machinery
After a quiet start, the week in UK trade policy was defined by a massive mid-week surge of activity. The dominant events were a significant liberalisation for Indian agricultural goods, with hundreds of new 0% duties taking effect, and a swift
See MoreEU tariff activity surges with fruit tariffs, food controls, new China scrutiny
This week in EU trade policy was a story of parallel streams. While the activation of over 300 pre-scheduled seasonal tariffs on fresh fruit dominated the middle of the week, regulators also signalled a new strategic focus by targeting Chinese glass
See MoreEU launches targeted trade defence strikes on steel, tyres, agri-food
Following a quiet start to the month, the European Union's trade policy took a sharp enforcement turn this week. Regulators launched a series of significant new trade defence actions, moving sequentially from the steel sector to the automotive
See MoreUK completes massive steel quota rollover as new biofuel duties take effect
This week's UK tariff activity was defined by a massive administrative cycle that finalised the third-quarter steel tariff rate quota regime, accounting for the vast majority of the week's more than 7,300 changes. This large-scale but routine update
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US: HTS revision focuses on statistical reclassifications, Section 301 scope
The US International Trade Commission’s latest update to the Harmonized Tariff Schedule is primarily a housekeeping and scope-adjustment revision. HTSUS Revision 11, effective 2 July 2026, introduces no changes to standard MFN duty rates. Instead,
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UK pivots from Q3 tariff reset to new trade defence measures
The start of the third quarter triggered a vast, scheduled administrative reset of the UK tariff, with over 18,000 measures taking effect to renew steel safeguard quotas, agricultural TRQs, and anti-dumping duties on fertilisers. This foundational
See MoreEU steel safeguards renew in massive half-year regulatory reset
The week in EU trade policy was dominated by a massive, scheduled regulatory transition marking the start of the second half-year. The renewal of the EU’s extensive steel safeguard quota regime on 1 July was the centrepiece, driving the activation
See MoreUK activates CPTPP rates for Mexico amidst Widespread Tariff Restructuring
The UK's trade landscape was reshaped by over 17,000 regulatory changes this week, a volume dominated by administrative restructuring and targeted policy implementation. The strategic headline was the activation of new 0% duty rates for Mexican beef
See MoreEU hits US, Chinese chemicals with heavy duties amid wave of future controls
Regulatory activity in the European Union this week was marked by a dual-pronged tightening of trade policy. The most immediate impact came from the imposition of severe new anti-dumping duties on key chemicals imported from the United States,
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IMF urges Serbia to strengthen tax administration and transparency reforms to support growth
On 15 June 2026 the IMF issued a report following the Third Review under the Policy Coordination Instrument (PCI). The report notes that Serbia’s economy has remained resilient, and economic activity strengthened in 2026, following economic
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IMF urges Ukraine to reform tax system, tackle informal economy to support growth and revenue mobilisation
On 12 June 2026 the IMF issued a report following discussions with the Ukrainian authorities on the first review of the four-year extended fund facility (EFF) arrangement and the 2026 Article IV consultation. The Article IV discussions focused on
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IMF study finds R&D tax incentives drive innovation only when skilled research talent is available
An IMF working paper with the title “Innovation, Human Capital, and Taxation: Evidence from a Structural Model of the Canadian Economy”, written by Sandra Valentina Lizarazo Ruiz, was released in June 2026.The working paper looked at the
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