CBAM

USTR Opens Review of EU Carbon Border Tax as Brussels Eases Separate Methane Rules

Posted 10/7/26

The USTR inquiry opens a potential new front in U.S.-EU trade tensions just as Brussels considers extending CBAM from basic metals to hundreds of downstream steel- and aluminum-intensive products. European Commission President Ursula von der Leyen’s decision to offer exporters a one-year reprieve from separate EU methane requirements signals some willingness to ease climate-related trade rules as compliance and energy costs become acute.

This item is available in full to subscribers.

Attention subscribers

To continue reading, you will need to either log in to your subscriber account, below, or purchase a new subscription.

If you are a current subscriber, and had an account on our previous site, you already have an account. If you have not yet logged into our new site, click here to reset your password.

Otherwise, click here to view your options for subscribing.

E-edition

Vol 46 No. 43, October 26, 2026

View this issue

Browse other issues

Recent stories

Extreme Networks to Pay $2.02 Million Over Russian Defense Sales

The case shows how delayed disclosure and unresolved sanctions warnings can turn a modest sales account into a multimillion-dollar enforcement matter. Extreme’s cooperation and remediation secured DOJ’s first “near miss” non-prosecution agreement, but reporting only after a journalist presented new evidence cost it eligibility for a declination.

White House Pressure to Unwind Kremlin Sanctions Builds

The Trump administration’s efforts to ease sanctions on Russia could open substantial commercial opportunities for Russian state interests and private investors, combining newly authorized diesel sales with a proposed $25 billion Alaska gas venture and possible relief for the Kremlin’s multibillion-dollar investment fund.

Commerce Promotes Resources Industry List

The International Trade Administration (ITA) is accepting applications for its new U.S. Resources Management Industry Listing, an online directory intended to help U.S. suppliers reach international buyers.

Treasury Proposes Biotechnology Investment Controls

The Treasury Department issued proposed regulations October 22 adding biotechnology to the U.S. outbound-investment screening regime, advancing a central objective of the bipartisan Biotech Investment National Security Act (BINSA).

Lawmakers warn banks and ports of legal risks in Trump’s Russian diesel deal

A bipartisan group of U.S. lawmakers has warned major banks, port authorities and fuel distributors that facilitating Russian diesel imports under President Donald Trump’s agreement with Moscow could expose them to legal action and congressional investigations.

FinCEN Issues Translated Versions of Iran Whistleblower Bulletin

The translations broaden FinCEN’s outreach to potential sources of information on Iran-related illicit finance, including individuals outside the United States. But material errors in several versions could undermine that effort by misstating award percentages, narrowing the apparent scope of sanctions restrictions, or distorting indicators of terrorist financing.