The Periodic Monthly Statement (PMS) is a payment option introduced by U.S. Customs that allows importers to consolidate duty and tax payments on a monthly basis, optimizing cash flow. This program not only reduces the financial pressure of individual payments but also enhances the flexibility of fund utilization, making it a valuable option for importers to consider and leverage.
A countervailing duty (CVD) is a tariff imposed by the United States to offset unfair competitive advantages gained by domestic industries due to foreign government subsidies. Targeting specific countries and products, CVDs aim to restore a level playing field in international trade. Businesses should monitor policy changes, ensure compliance, and proactively address the challenges posed by countervailing duties.
This article discusses the classification and coding structure of customs duty exemption codes, detailing types of import and export goods such as general taxation, gratuitous aid, and other statutory tax reductions. By clarifying the definitions, codes, and applicable ranges for various types of goods, it aids relevant personnel in effectively understanding customs policies, thereby facilitating smooth international trade.
This article provides a detailed explanation of the entire process of shipping goods from Japan to China. It covers key aspects such as logistics channel selection, pre-shipment preparation, a detailed breakdown of the shipping process, important considerations, customs duty issues, and shipping time. The aim is to help readers complete cross-border shipping safely and efficiently.
North American Class 8 heavy-duty truck orders rebounded strongly in December, indicating easing supply chain pressures and robust market demand. However, production capacity bottlenecks remain a key constraint on industry development. Moving forward, industry players need to closely monitor market dynamics, proactively address challenges, and seize opportunities to thrive in the face of fierce competition.
The EU's plan to levy taxes on small parcels signals a potential end to the de minimis threshold era, aiming to address customs supervision challenges and unfair competition. Globally, many countries are also adjusting their de minimis policies. Cross-border e-commerce sellers need to closely monitor policy changes, optimize logistics, adjust pricing, and expand markets. Embracing compliant operations is crucial to thrive in this changing landscape and secure future development.
Amazon's European FBA policies are tightening, with significantly reduced inventory limits and a higher IPI threshold, presenting numerous challenges for sellers. This article analyzes the impact of these policy changes, explores strategies for sellers to adapt, and offers recommendations for improving IPI scores and optimizing inventory management. The goal is to help sellers navigate the evolving Amazon landscape and find ways to survive and thrive amidst these policy adjustments.
The US Services PMI in May remained above the expansion threshold, but its growth slowed to a more than one-year low. Supply chain challenges, labor shortages, and inter-industry disparities were key contributing factors. The report indicated an increase in new orders and a recovery in employment. However, businesses need to be vigilant about global economic changes and adapt flexibly to challenges in order to seize opportunities.
The US manufacturing PMI declined for the third consecutive month in September. While still above the expansion threshold, key indicators like new orders, production, and employment all showed a downward trend, indicating weakening growth momentum. Experts attribute this to economic uncertainty but maintain that fundamentals remain solid, adopting a cautiously optimistic outlook. Businesses should closely monitor market dynamics and proactively address the risks associated with the economic downturn.
The US ISM Non-Manufacturing Index (NMI) surged to 56.3 in May, hitting a nearly decade-high and significantly exceeding the expansion threshold, signaling robust growth in the non-manufacturing sector. This marks the 52nd consecutive month of expansion, driven by factors including business activity, new orders, and employment indices. The strong NMI suggests a positive outlook for the US economy. However, continued monitoring of global economic risks remains crucial.
