China Opposes EU Carbon Border Tax As Trade Barrier

China Opposes EU Carbon Border Tax As Trade Barrier

China's Ministry of Commerce has expressed concerns regarding the EU's Carbon Border Adjustment Mechanism (CBAM), arguing that its design exhibits trade protectionist tendencies and unfairly impacts Chinese exports. China emphasizes the principle of "common but differentiated responsibilities" and urges the EU to adhere to international rules, abandon protectionism, and jointly promote green trade and investment. China also stresses the importance of maintaining the stability of global supply chains.

01/27/2026 Customs Knowledge
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Bipartisan Bill Proposes Modernizing Short Line Railroad Tax Credits

Bipartisan Bill Proposes Modernizing Short Line Railroad Tax Credits

A bipartisan group of U.S. Senators introduced legislation to update the short line railroad tax credit. The bill focuses on adjusting the credit calculation to better reflect current costs and incorporates an inflation index. The ASLRRA commended the effort, stating it would incentivize private capital investment in railroad upgrades, enhance transportation efficiency, and benefit businesses and communities. This update aims to modernize the tax credit and encourage continued investment in crucial short line rail infrastructure, supporting economic growth and efficient freight movement.

01/30/2026 Logistics
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Short Line Railroads Gain Boost from Expanded Tax Credits

Short Line Railroads Gain Boost from Expanded Tax Credits

The American Short Line and Regional Railroad Association (ASLRRA) welcomes the Senate's proposed legislation to improve the short line railroad tax credit. The bill aims to incentivize infrastructure investment by short line railroads, driving modernization and economic development. It achieves this by increasing the credit cap, covering all mileage, and introducing an inflation index, aligning the credit more closely with actual costs. These changes will encourage railroads to invest in crucial infrastructure upgrades, leading to a more efficient and robust rail network.

01/30/2026 Logistics
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Guide Sending Money From Malaysia to China Tax Tips

Guide Sending Money From Malaysia to China Tax Tips

This article provides a detailed explanation of the tax implications of remitting money from Malaysia to China, covering individual income tax rates, taxpayers, payment methods, common remittance methods, and arrival times. It also offers practical tips to help readers complete cross-border remittances more efficiently and compliantly. The guide addresses potential tax obligations and offers insights into navigating the complexities of international money transfers, ensuring a smooth and legal remittance process.

01/30/2026 International Settlement
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SEKUSD Exchange Rate Trends Analyzed

SEKUSD Exchange Rate Trends Analyzed

This article provides real-time exchange rates, historical trend analysis, and practical tools for the Swedish Krona (SEK) against the US Dollar (USD), empowering you to make informed financial decisions. Content includes currency conversion, trend analysis, currency overview, mobile app recommendations, and international money transfer services, all designed to help you efficiently manage your currency. Stay updated on SEK/USD fluctuations and leverage resources for optimal financial planning and international transactions.

09/01/2025 Exchange Rate Query
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Streamlined Airline Receivables Boost Industry Profits IATA Report

Streamlined Airline Receivables Boost Industry Profits IATA Report

IATA E&F offers comprehensive outsourcing services designed to streamline aviation accounts receivable management, improve billing accuracy, enhance financial controls, and contribute to sustainable profitability. Through efficient data management tools, expert billing specialists, and experienced debt collection teams, IATA E&F helps companies reduce risk, improve collection rates, and achieve reliable forecasting of their financial situation. It provides a robust solution for managing complex aviation receivables and optimizing cash flow.

12/30/2025 International Settlement
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In-depth Analysis of Olive Oil Import Transportation and Customs Clearance Processes

In-depth Analysis of Olive Oil Import Transportation and Customs Clearance Processes

Importing olive oil is a complex process involving multiple stages such as declaration, inspection, customs clearance, and transportation. This article provides an overview of the essential information related to olive oil imports, including customs regulations, declaration elements, import tax rates, preparatory work, and end-to-end services. The goal is to assist businesses in streamlining their operational processes, minimizing risks, and enhancing efficiency.

07/18/2025 Logistics Encyclopedia
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Comprehensive Understanding of Customs Declaration and Inspection Services for Temporary Import Goods

Comprehensive Understanding of Customs Declaration and Inspection Services for Temporary Import Goods

This article elaborates on the structure and process of customs declaration and inspection services for temporarily imported goods, including relevant laws, customs approvals, and extension applications. To meet customer demands for temporary imports, it emphasizes important aspects such as purchase retention, security deposits, and customs usage tax, while providing efficient one-on-one service solutions to facilitate customs procedures and business execution.

07/18/2025 Logistics Encyclopedia
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Kenya WCO Boost Customs Compliance and Risk Management

Kenya WCO Boost Customs Compliance and Risk Management

The World Customs Organization (WCO) supported the Kenya Revenue Authority's (KRA) customs compliance and risk management efforts in collaboration with the Swedish Tax Agency (STA). This initiative aimed to enhance KRA's tax collection efficiency, close tax loopholes, optimize the business environment, and improve international competitiveness. This collaboration marks a significant step in the modernization of Kenya's tax administration and provides valuable lessons for other developing countries. The partnership focused on strengthening KRA's capabilities in key areas, ultimately contributing to sustainable economic growth and improved governance.

01/20/2026 Customs Knowledge
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