Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

30 OCTOBER 2018 AL CIRCLE

Mexico demands lifting of U.S. steel and aluminium tariffs on Mexico and Canada before signing the USMCA

EDITED BY : BEETHIKA BISWAS 2MINS READ

Juan Carlos Baker, Mexico’s deputy commerce minister said that Mexico won’t sign the new North American free trade agreement (USMCA) unless the U.S. removes steel and aluminium tariffs on Mexico and Canada.

Lawyers are finalizing the text of the United States-Mexico-Canada Agreement and the three countries are expected to sign the document on Nov. 29 or Nov. 30. However, Mexico insists on removing the tariffs before the signing of the agreement. Echoing what the Canadian counterpart had said, Baker said Mexico won’t agree to any quota system on imports as proposed by the U.S.

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He made the statements during a meeting hosted by Canada in Ottawa on reforming the World Trade Organization. The trilateral trade agreement was struck before a deadline imposed by the U.S. Congress.

The Prime Minister’s Office said in a statement that Mexican president-elect Andres Manuel Lopez Obrador and Canada’s Prime Minister Justin Trudeau discussed how the USMCA “removes uncertainty and supports stronger investment and exports” and the impact of U.S. tariffs imposed by Trump on national security grounds.

Canada and Mexico also levied their own retaliatory tariffs on U.S. imports. Baker also said that Canada’s 25 per cent surtax on some foreign steel products to avoid dumping also affected Mexican trades.

Kelly Craft, the U.S. ambassador to Canada said that Trump is reviewing the tariffs on Canada and Mexico. David MacNaughton, Canada’s ambassador to the U.S. also expected that the U.S. tariffs will be lifted shortly before signing the new agreement.

Baker also indicated that the G20 leaders’ summit to take in Buenos Aires from Nov. 30, could serve as the venue for signing the USMCA. Baker also expressed concern over a section of the USMCA that allows any of the countries to withdraw from the deal on six-month’s notice if one of the partners starts free trade negotiations with a non-market economy—which could be indicating to China.

He said this clause cannot be a hurdle in their negotiations with China.

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