Hyundai Q4 Profit Drops Sharply Due to US Tariffs

Hyundai Q4 Profit Drops Sharply Due to US Tariffs

Hyundai Motor's Q4 2023 profits significantly declined, primarily due to US tariffs on automobiles, which offset the benefits of the weaker Korean Won. As the world's third-largest automaker, Hyundai's performance reflects the uncertainties facing the global automotive industry in a complex international trade environment. The impact of trade policy adjustments is significant, highlighting the vulnerability of major manufacturers to geopolitical shifts.

02/05/2026 Customs Knowledge
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Ecommerce Sellers Adapt to Amazon Fees Alibaba Promotions

Ecommerce Sellers Adapt to Amazon Fees Alibaba Promotions

Amazon's Prime Day registration fee increases while Alibaba.com's June promotion arrives! This article analyzes the challenges and opportunities presented by Amazon's price hike, Shopify's shipping rule adjustments, and Cainiao's international express growth in emerging markets. It highlights Alibaba.com's June promotion targeting the US market, aiming to help sellers capitalize on the tariff window and achieve sales growth. Cross-border e-commerce sellers should proactively respond, seize opportunities, and expand their overseas businesses. Focus is given to Alibaba.com's promotion as a key opportunity for sellers.

02/05/2026 Customs Knowledge
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OZON Sellers Key Tips to Avoid Product Selection Mistakes

OZON Sellers Key Tips to Avoid Product Selection Mistakes

This article focuses on the importance of product selection in OZON cross-border e-commerce, emphasizing that product selection is more crucial than operations. It analyzes the latest changes in OZON platform operating rules, the differences between local and cross-border stores, and Russian seasonal demands. This provides a practical guide for new sellers, highlighting key considerations for successful product sourcing and navigating the OZON marketplace. Understanding these nuances is vital for maximizing sales and minimizing potential issues when launching on OZON.

02/05/2026 Customs Knowledge
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China Expands Global Pharma Access Through Healthcare Reforms

China Expands Global Pharma Access Through Healthcare Reforms

China's National Healthcare Security Administration supports the development of cross-border pharmaceutical trading platforms to reduce the cost of procuring Chinese pharmaceutical products in Southeast Asia, Central Asia, and other regions. By integrating online and offline centralized procurement systems, the initiative promotes the globalization of domestically produced pharmaceuticals and medical devices, enhances the international competitiveness of China's pharmaceutical industry, and benefits more developing countries. This aims to provide affordable and quality healthcare products to a wider population.

02/05/2026 Customs Knowledge
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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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SHEIN Imposes Tax Withholding for Sellers to Boost Compliance

SHEIN Imposes Tax Withholding for Sellers to Boost Compliance

SHEIN has officially launched income tax withholding services, simplifying tax filing for sellers in its fully managed model. Sellers can choose platform withholding or self-declaration; unregistered sellers will have their taxes reported by SHEIN. Amazon Mexico will also begin withholding taxes from 2026, signaling a growing trend towards tax compliance in cross-border e-commerce. Sellers need to pay close attention to policy updates and assess the impact on their operating costs. This shift highlights the increasing importance of adhering to tax regulations in the global e-commerce landscape.

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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Amazon Sellers Win Appeals Against Account Suspensions

Amazon Sellers Win Appeals Against Account Suspensions

This article addresses the challenges Amazon sellers face when appealing account suspensions. It provides an in-depth analysis of the key elements in preparing appeal materials, offering a detailed checklist and tips to avoid common pitfalls. By following this guidance, sellers can effectively minimize the risk of rejection and expedite the appeal process. Maijia Support is committed to providing professional legal support and cross-border services to help cross-border e-commerce sellers operate compliantly on the Amazon platform and achieve business growth.

02/05/2026 Customs Knowledge
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