The MERCOSUR-Singapore Free Trade Agreement has entered into force, marking a significant milestone in trade relations between Singapore and the MERCOSUR bloc including Brazil. This FTA establishes preferential trade terms between the parties. The announcement was made by Singapore’s Ministry of Trade and Industry.
Topic Archives:Tariffs
August 2026: CPO Reference Price Declines, Export Prices for Cocoa Beans, Pine Resin, and Wood Products Rise
Indonesia’s Ministry of Trade has set the August 2026 reference price for crude palm oil (CPO) at USD 996.52/MT, down 0.44% from July, affecting export duty (BK) and BPDP levy rates. Simultaneously, the ministry announced higher benchmark export prices (HPE) for cocoa beans, pine resin, and wood products for the same period. These prices determine […]
Deliberations of the 239th GECEX Meeting
Brazil’s Foreign Trade Executive Management Committee (GECEX) held its 239th meeting with formal deliberations on trade measures. GECEX is the body responsible for setting Brazilian import/export tariffs and trade policy decisions, making its meeting outcomes directly relevant to tariff and market access policy.
MOFCOM Announcement No. 31 of 2026: Extension of Anti-Dumping Investigation Period on Pea Starch Imported from Canada
China’s Ministry of Commerce has announced an extension of the anti-dumping investigation period on pea starch originating from Canada. The announcement is published as MOFCOM Announcement No. 31 of 2026, dated July 31, 2026.
EU Extends Suspension of Rebalancing Measures Against the United States
The European Commission adopted an Implementing Regulation extending the suspension of EU rebalancing measures on US exports to the EU. This action continues the pause on tariff countermeasures that had been applied in response to US trade actions. No further details on duration or scope are provided in the snippet.
Indonesia Sets Export Reference Price and Benchmark Price for Gold, Period I August 2026 – Both Decline
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 130,921.50/kg for the first period of August 2026, down 0.7% from the second period of July 2026. The reference price (HR) for gold also fell to USD 4,072.12 per troy ounce from USD 4,100.67. These prices are established under Ministerial […]
Deliberations of the 239th Ordinary Meeting of the Executive Management Committee (Gecex)
Brazil’s Gecex held its 239th ordinary meeting, producing formal deliberations on trade and tariff matters. Gecex is the body responsible for decisions on Brazilian import/export tariffs, trade remedies, and market access measures under CAMEX. Specific resolutions from this meeting are expected to cover tariff changes or trade remedy actions.
Brazil Initiates WTO Dispute Over US Section 301 Additional Duties
Brazil has requested WTO dispute settlement consultations with the United States over additional duties imposed on Brazilian products following two US Section 301 investigations. Brazil argues the additional duties exceed applicable MFN rates under the US harmonized tariff schedule. The request was circulated to WTO members on 30 July 2026.
US Issues Final Determination in Anti-Dumping and Anti-Subsidy Investigation on Concrete Reinforcing Steel Imported from Vietnam
The United States has issued final determinations in its anti-dumping (AD) and countervailing duty (CVD) investigations on concrete reinforcing steel (rebar) imported from Vietnam. This represents the conclusion of a trade remedy proceeding that will determine duty rates applied to Vietnamese rebar exports to the US market.
EU Steel Regulation: Commission Launches Targeted Consultation on First Product Scope Review
The European Commission has launched a targeted stakeholder consultation to review which products fall within the scope of the EU Steel Regulation. This is a required review under the regulation to assess potential changes to its product coverage. The outcome will determine which steel products are subject to the regulation’s trade measures.