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US tariff adjustments for new steel/aluminum production submissions

The Department of Commerce is opening a 60-day public comment period on information-collection procedures for steel and aluminum producers who commit to new U.S. production capacity and seek tariff adjustments under Proclamation 10984. This notice, published June 18, 2026, invites feedback on the reporting burden and requirements before the collection is submitted to the Office of Management and Budget for approval.

EU extends CBAM to downstream goods, tightens anti-circumvention rules

The European Commission has reached agreement with the EU Council to expand the Carbon Border Adjustment Mechanism (CBAM) to cover specific downstream goods and strengthen anti-circumvention safeguards. This extension broadens the scope of carbon-pricing obligations for importers of covered goods into the EU, affecting how shippers classify and value products subject to embedded-emissions reporting.

USTR invokes USMCA labor mechanism against Newmont Mexico facility

On 12 June 2026, the US Trade Representative invoked the USMCA Rapid Response Labor Mechanism to challenge alleged denial of workers' rights at Newmont Minera Peñasquito in Zacatecas, Mexico, which produces gold, silver, lead, and zinc and imports auto parts. Following a petition from a Mexican labor union alleging unlawful dismissals and retaliation for union activity, the US has suspended liquidation of unliquidated entries from the facility and requested Mexico conduct a review within 45 days.

EU CBAM webinar: decarbonization incentives in 2026

The EU's Directorate-General for Taxation and Customs (DG TAXUD) held its second CBAM implementation webinar on 7 May 2026, focused on how exporters can leverage decarbonization efforts to reduce CBAM exposure. CBAM, the EU's Carbon Border Adjustment Mechanism (Regulation 2023/956), applies to imports of cement, iron and steel, aluminium, fertilisers, hydrogen, and electricity. The webinar addressed strategies for proving lower embedded emissions and securing CBAM certificates at favorable rates—critical for non-EU manufacturers competing in European markets as the transitional phase ends.

EU releases indirect-emissions guidance for CBAM implementation

The European Commission has published a technical study on indirect emissions under the Carbon Border Adjustment Mechanism (CBAM), providing policy analysis to support CBAM implementation and evolution. This study addresses how embedded indirect emissions—such as electricity and steam used in production—are measured, reported, and credited within the CBAM framework, which covers cement, iron and steel, aluminium, fertilisers, hydrogen, and electricity. The guidance is intended to clarify compliance pathways for importers and EU producers as CBAM transitions from its current phase into full operational scope.