US Threatens 100 Tariffs on South Korean Chipmakers

US Threatens 100 Tariffs on South Korean Chipmakers

The US Commerce Secretary warned that South Korean memory chip companies could face import tariffs as high as 100% if they do not expand their investments in the United States. This move aims to boost the domestic semiconductor industry in the US and reduce reliance on overseas chip supplies. Korean companies face a dilemma: either invest in building factories in the US or bear the burden of hefty tariffs. The US government is clearly pushing for more on-shore manufacturing of critical components.

02/05/2026 Customs Knowledge
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EU and Mercosur Strike Trade Deal Amid Global Tensions

EU and Mercosur Strike Trade Deal Amid Global Tensions

Mercosur and the European Union have officially signed a free trade agreement, marking a crucial step towards one of the world's largest free trade zones. The agreement aims to eliminate tariffs on most goods, promote mutual recognition and harmonization of standards, counter trade protectionism, and reshape the global trade landscape. Ratification by the legislative bodies of both sides is still required for the agreement to take effect. The implementation of the agreement will face numerous challenges in the future.

02/05/2026 Customs Knowledge
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EU Counters US Tariffs with Greenland Investment and Security Plan

EU Counters US Tariffs with Greenland Investment and Security Plan

European Commission President Ursula von der Leyen criticized the United States for imposing tariffs based on Greenland, reaffirming the EU's support for Greenland and Danish sovereignty. The EU will launch an Arctic Security Support Program, increasing investment and strengthening cooperation with multiple countries in the Arctic region. Simultaneously, the EU will upgrade its own security strategy while respecting the rights of all countries to pursue their own development paths.

02/05/2026 Customs Knowledge
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EU Weighs High Tariffs on Chinese Hybrid Cars

EU Weighs High Tariffs on Chinese Hybrid Cars

The EU is considering imposing tariffs of up to 45% on hybrid vehicles imported from China, citing concerns that Chinese hybrid car manufacturers benefit from government subsidies, aiming to protect domestic automakers. This follows previous tariffs imposed by the EU on Chinese electric vehicles. Global policies towards Chinese electric vehicles vary, and consumers should pay attention to policy changes. The proposed tariffs highlight ongoing trade tensions and the EU's efforts to safeguard its automotive industry amid growing competition from China.

02/05/2026 Customs Knowledge
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Guide to Recovering Lost Instagram Verification Codes

Guide to Recovering Lost Instagram Verification Codes

Can't receive the verification code on Instagram? This article deeply analyzes common reasons, such as number blocking, server lag, IP ban, and unenabled permissions. It provides detailed solutions, including waiting patiently, checking the phone number, enabling permissions, avoiding frequent sending, uninstalling and reinstalling, using the web version, selecting a better IP, and enabling two-factor authentication. These tips help you quickly solve the problem and regain control of your social media experience. Get back to connecting with friends and family without the frustration of missing verification codes.

02/05/2026 Customs Knowledge
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China Clarifies Export Tax Refund Rules for Uncollected Payments

China Clarifies Export Tax Refund Rules for Uncollected Payments

This article addresses the export tax rebate issues faced by foreign trade enterprises when they cannot collect foreign exchange for exported goods. It provides a detailed interpretation of the "Deemed Collection of Foreign Exchange" policy, listing ten common scenarios and the required documents. Furthermore, it clarifies the collection period, reporting circumstances, and tax treatment methods. The aim is to assist enterprises in operating in compliance, protecting their rights, and successfully enjoying the export tax rebate policy.

02/05/2026 Customs Knowledge
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Etrade Platform Announces 2025 Upgrades to Boost Digital Commerce

Etrade Platform Announces 2025 Upgrades to Boost Digital Commerce

The Yimao series of products will undergo a major upgrade in 2025, focusing on three core products: Trade Advisor, Trade Enterprise Search, and Product Encyclopedia. Eight practical functions will be launched, covering market analysis, compliance management, enterprise assessment, customer expansion, and commodity classification. This upgrade aims to help enterprises improve trade efficiency and gain a competitive advantage in global trade. The new features are designed to provide comprehensive support and insights for businesses navigating the complexities of international commerce.

02/05/2026 Customs Knowledge
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Google SEO Guide Boosts Crossborder Ecommerce Growth

Google SEO Guide Boosts Crossborder Ecommerce Growth

Google SEO optimization for cross-border e-commerce is crucial for improving website ranking in search results. By optimizing technical aspects, content, and external strategies, websites can better align with Google's algorithm, leading to increased traffic and conversion rates. High-quality content creation and external link building are essential components of a successful SEO strategy. Focusing on these elements will help attract more organic traffic and ultimately boost sales for cross-border e-commerce businesses.

02/05/2026 Customs Knowledge
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Guide to Winning Enterprise Certification Bids

Guide to Winning Enterprise Certification Bids

This paper systematically reviews the qualification certification system that bidding companies should focus on, from five dimensions: basic management, information security, food safety, integrity credit, and professional qualifications. These certifications are not only the "entry ticket" for bidding but also an important manifestation of standardized operation, improved management level, and enhanced market competitiveness. They help companies accurately match opportunities and increase the probability of winning bids, ultimately contributing to enterprise success in the competitive bidding landscape.

02/05/2026 Customs Knowledge
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US and China Seek Trade Cooperation Amid Differences

US and China Seek Trade Cooperation Amid Differences

The Ministry of Commerce stated that China and the US have achieved multiple outcomes through five rounds of trade consultations, demonstrating their ability to resolve differences. Looking ahead, China is willing to work with the US to implement the consensus reached by the two heads of state, utilize the consultation mechanism effectively, manage differences, deepen cooperation, and promote the sustained and stable development of China-US economic and trade relations, which is in the interests of both countries and the world.

02/05/2026 Customs Knowledge
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