Policy Pulse
Sagolik · Trading-day briefing
OS://PULSENew · Executive feed
What moved overnight. What hits your P&L today.
A curated policy + market pulse for CFOs and trade desks — severity-ranked, SKU-aware, and ready to hand to the board.
- 06:12 UTC·US · CNcritical
IEEPA reciprocal tranche — electronics annex update
Draft annex adds HS 8517.62 and 8541.41. Preliminary model shows +4.8pp on your telecom BOM if enacted without Vietnam shift.
+$1.2M annual duty · 18 SKUsIEEPAelectronicsBOM - 07:40 UTC·EU · CBAMwatch
CBAM reporting window opens for Q3 steel
Transitional reporting deadline in 19 days. Three suppliers still missing verified tCO₂e certificates on HS 7208 lanes.
3 certificates outstandingCBAMsteelcompliance - 08:05 UTC·DE · AT · CHinfo
€STR fix prints 2.902% — ALM overnight unchanged
No parallel shift. Finanz LCR stress path remains within board tolerance at +50bp.
LCR 151.3% → stable€STRfinanzALM - 09:18 UTC·ASEAN · USwatch
Vietnam apparel origin scrutiny intensifies
CBP targeting fabric-forwarding patterns on HS 6203. Recommend dual-sourcing Bangladesh for 6 SKUs before peak season.
Margin at risk 90–140 bpsoriginapparelFTA - 10:02 UTC·Global · FXinfo
USD/CNH softens — landed-cost relief on CN→US lanes
Spot −0.6% from yesterday open. Studio scenarios auto-refresh; EV landed cost drops ≈ $380/unit at current duty stack.
−$380 / unit · HS 8703.80FXEVstudio