TRADE POLICY ANALYSIS

Sharp analysis. Anchored to source.

Long-form policy memos for importers, customs brokers and supply-chain teams who need to act this week — not next quarter.

2026-04-20 · By Marcus Kahn · 5 min read

Mexico's 1,463-line tariff decree was not industrial policy — it was USTR insurance

December 30 2024: 1,463 Chinese product categories hit with 5-50% duties. The narrative was industrial protection; the mechanics were pre-emptive USTR compliance with IMMEX carve-outs intact.

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2026-04-20 · By Marcus Kahn · 5 min read

CBAM's first 100 days: the €75 price is a distraction; the registry is the policy

Q1 2026 CBAM landed at €75.36/tonne CO₂ — but the 2.5% adjustment factor means the bill is tiny. The actual policy is a verified-emissions registry that producers pay to build.

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2026-04-20 · By Marcus Kahn · 5 min read

The hidden detail in §232's April 2 overhaul: it killed seven years of tariff engineering

April 6 raised §232 from 25% to 50% — but the policy story is buried in Annex I-B's switch from metal-content to full-customs valuation.

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