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
Read More
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
Read More
Ecommerce Faces Tariffs Tech Shifts in Crossborder Trade

Ecommerce Faces Tariffs Tech Shifts in Crossborder Trade

Global trade changes are impacting cross-border e-commerce. Platforms like Amazon, TikTok Shop, and SHEIN are introducing new regulations, requiring businesses to innovate and adapt to seize opportunities. Companies need to understand the evolving landscape of tariff policies and platform rules to remain competitive. This includes exploring new markets, optimizing supply chains, and leveraging data analytics to make informed decisions. Success in this dynamic environment hinges on agility and a proactive approach to navigating the complexities of international trade.

02/05/2026 Customs Knowledge
Read More
US Businesses Consumers Hit Hard by Trade War Tariffs

US Businesses Consumers Hit Hard by Trade War Tariffs

Data from the 'Tariffs Hurt the Heartland' organization reveals the negative impact of the US-China trade war on the US economy. American consumers and businesses have paid an additional $38 billion in tariffs. These tariffs have led to increased prices, decreased corporate profits, and disruptions to global trade patterns. Businesses should diversify supply chains and optimize production processes, while governments should reduce tariffs and provide subsidies to jointly address these challenges. The trade war's economic consequences necessitate collaborative solutions to mitigate its adverse effects.

01/20/2026 Logistics Industry Insights
Read More
US Retailers Rush Imports Before Tariff Deadline Hitting Record Highs

US Retailers Rush Imports Before Tariff Deadline Hitting Record Highs

US retailers, anticipating new tariffs amid US-China trade friction, ramped up imports before the tariffs took effect, leading to record cargo volumes at US ports. While retail sales continue to grow, the tariffs could ultimately be passed on to consumers, negatively impacting small and medium-sized enterprises (SMEs) and the job market. Resolving trade disputes and upholding free trade is crucial for long-term stability and prosperity.

01/28/2026 Logistics
Read More
New Tariffs Trigger Sharp Drop in Global Shipping Rates

New Tariffs Trigger Sharp Drop in Global Shipping Rates

Recently, the SCFI freight index from the Shanghai Shipping Exchange has continuously decreased, particularly along the West and East Coast routes of the U.S., with significant rate declines. Soft demand, coupled with the upcoming implementation of new tariff policies, presents fresh challenges and uncertainties for the market. Shipping companies are closely monitoring the impact of tariffs on import prices and the economy, anticipating large-scale shifts in the supply chain.

07/07/2025 Logistics Industry Insights
Read More
China US Agree on Tariffs in Stockholm Trade Talks

China US Agree on Tariffs in Stockholm Trade Talks

US-China economic and trade talks have reached a consensus, planning to maintain the US's reciprocal tariff rate of 24% along with China's countermeasures. Both sides emphasized the importance of a stable economic and trade relationship, ensuring close communication and promoting the development of bilateral relations.

08/07/2025 Logistics
Read More
Trump Tariffs Spark Global Trade Fears China Evasion Concerns

Trump Tariffs Spark Global Trade Fears China Evasion Concerns

The high tariffs imposed by the US on China have prompted Chinese exporters to evade these tariffs through transshipment trade via third countries, raising concerns among neighboring Asian nations. Trump's new policies have further increased global trade uncertainty, necessitating careful responses from stakeholders.

08/05/2025 Logistics
Read More
US Citrus Exports Face Rising Tariffs Trade Analysis Shows

US Citrus Exports Face Rising Tariffs Trade Analysis Shows

This article provides an in-depth analysis of the export policies and tax rates for fresh or dried other citrus fruits (HS code: 0805900000), including critical information such as a 0% export tax rate and a 9% value-added tax rate. It also discusses relevant declaration elements and the competitive environment in the international market.

08/08/2025 HS Code Query
Read More