Mexican media reported that President Claudia Sheinbaum said in her daily press conference that Mexico will try to get an exemption from the announced 25% tariff on medium- and heavy-duty trucks.

Canada's Prime Minister Mark Carney announced that he will meet with President Donald Trump Oct. 7 to "focus on shared priorities in a new economic and security relationship between Canada and the U.S."

Taiwan has rejected the idea of a 50-50 split in chip manufacturing recently proposed by U.S. Commerce Secretary Howard Lutnick (see 2509290046).

The Council of the European Union on Sept. 29 adopted a revised carbon border adjustment mechanism that's expected to exempt 90% of European importers from the new rules, representing the final hurdle before the rules can take effect.

The EU is again postponing implementation of its new deforestation reporting requirements, proposing a one-year delay because its IT system isn't ready to handle all the transactions for products covered by the regulation, Environment Commissioner Jessika Roswall told the European Parliament Sept. 23.

Olof Gill, a spokesman for the European Commission, told reporters in Brussels that the top trade negotiator for the EU, Maros Sefcovic, and U.S. Trade Representative Jamieson Greer were meeting Sept. 25 to talk about the EU's proposal to allow historical levels of steel exports under a tariff rate quota system. Such a system was in place during the Biden administration.

Wendy Cutler, a former career negotiator with the Office of the U.S. Trade Representative and chief negotiator for the U.S.-Korea free trade agreement, said that South Korea may not want to lower its 25% reciprocal tariff to 15% if the price is $350 billion for U.S. investments. Cutler was speaking on a podcast hosted by the Washington International Trade Association on Sept. 26.

Global trade stakeholders must adopt a posture of trade facilitation where companies inform their governments on how to produce regulations that make it easier for companies to trade, according to Valerie Picard, head of trade for the International Chamber of Commerce, who spoke on a trade webinar last week hosted by vessel operator and logistics provider Maersk.

The Mexican government has introduced legislation to reform its customs laws, which would tighten compliance obligations, expand the use of digital tools, and increase liability for customs brokers and importers.

British news outlets reported that there was an agreement to allow a small quota of British steel to enter the U.S. duty-free, and subject the rest of steel and aluminum products to the currently applicable 25% Section 232 tariff, but that the deal was abandoned shortly before President Donald Trump's arrival in London this week.