After a week of significant regulatory activity, including the activation of CPTPP rates for Mexico and a major restructuring of steel tariffs, Sunday 28 June saw only minor administrative updates. The day’s changes were limited to eight product description amendments across various chapters, including iron and steel and electrical machinery. No new duties, quotas, or trade defence measures were loaded, and no measures came into force.
What to watch
With the second quarter ending, the focus shifts to the start of the third quarter on 1 July. This is a key transition date for many tariff rate quotas, particularly for agricultural products and steel safeguards. The measures governing these new quota periods will be detailed in the coming days’ updates.