A new EU regulation aimed at protecting the steel sector from global overcapacity enters into application on 1 July 2026. The measure is designed to ensure the long-term viability of the strategically important European steel industry. No further details are available in the snippet regarding specific instruments used.
Topic Archives:Tariffs
Trade Remedies Notices: Tariff-Rate Quotas on Steel Goods (Expired)
The UK Secretary of State for Business and Trade has published trade remedies notices relating to tariff-rate quotas on steel goods that have expired. The notices formally document the expiry of the TRQ measures on steel imports.
USTR Public Hearings on Section 301 Investigations into Forced Labor Trade Practices Across 60 Economies
USTR will hold public hearings July 7-9, 2026 on proposed responsive actions under Section 301 investigations targeting 60 economies for failing to address trade in forced labor goods. The hearings are part of formal investigation procedures that could lead to tariffs or other trade measures. This represents a significant multilateral enforcement action linking forced labor […]
Export Reference Price and Benchmark Price for Gold Period I July 2026 Decrease Following Global Gold Price Weakness
Indonesia’s Ministry of Trade has set the export benchmark price (HPE) for gold at USD 135,512.62/kg for the first period of July 2026, down 5.36% from USD 143,190.64/kg in the second period of June 2026. The reference price (HR) also fell to USD 4,214.92 per troy ounce from USD 4,453.73. The figures are established under […]
July 2026: CPO Reference Price Falls, Export Reference Prices for Cocoa Beans and Pine Resin Rise, Wood Products Mixed, Leather Stable
Indonesia’s Ministry of Trade has set the July 2026 reference price (Harga Referensi) for crude palm oil (CPO) at USD 1,000.90/MT, down 2.78% from June 2026, which affects the applicable export duty and palm oil fund levy rates. Export reference prices (HPE) for cocoa beans and pine resin increased, while wood products moved variably and […]
Indonesia’s Export Reference Price for Gold Falls 5.36% for Early July 2026
Indonesia’s Ministry of Trade has set the Export Reference Price (HPE) and Reference Price (HR) for gold for 1–14 July 2026 via Ministerial Decree No. 1505/2026, showing a 5.36% decline. The drop is attributed to a strengthening US dollar and rising US Treasury yields. These prices determine the export duty base for mining products.
Indonesia’s CPO Reference Price Falls 2.78% for July 2026
Indonesia’s Ministry of Trade set the reference price for crude palm oil (CPO) at US$1,000.90 per metric ton for July 2026, down 2.78% (US$28.62) from June 2026’s US$1,029.51/MT. The reference price is used to determine export duties and levies on CPO and related products.
WTO Members Review Temporary US Import Surcharges in BOP Committee
The WTO Committee on Balance of Payments Restrictions held consultations on 22 June 2026 reviewing a US 10% import surcharge imposed to address its balance-of-payments deficit. The US presented a statement and responded to member questions, with IMF input on the US BOP situation also considered. The US indicated the temporary measure is expected to […]
Korea Government Mobilizes Full Response to EU New Steel Measures, Works to Secure Steel Industry Interests
South Korea’s Ministry of Trade held a meeting with the Korea Iron & Steel Association and major steelmakers on June 16 to share progress on Korea-EU steel quota negotiations ongoing since April. The talks concern the EU’s new steel import management regime under its ‘Steel Overcapacity Response Act,’ set to take effect July 1 as […]
Korea Trade Commission Recommends Anti-Dumping Duties of 4.93–8.41% on Seamless Copper Pipes from Thailand
South Korea’s Trade Commission voted at its 474th meeting to recommend anti-dumping duties of 4.93–8.41% for five years on seamless copper pipes imported from Thailand, citing material injury to domestic industry including market share decline and reduced operating profits. Provisional anti-dumping duties of 3.64–8.41% have been in effect since March following a preliminary determination in […]