Guide to Accurate HS Code Classification for Customs Compliance

Guide to Accurate HS Code Classification for Customs Compliance

This article details five methods for querying HS codes: querying on the official website of the General Administration of Customs, using third-party websites, utilizing AI-powered classification assistants, employing third-party customs systems for rough classification, and outsourcing to professional third-party classifiers. For each method, the operational steps, precautions, advantages, and limitations are explained. The aim is to help foreign trade enterprises efficiently and accurately classify commodities, thereby avoiding trade risks.

US Container Imports Jump Ahead of Tariff Deadline Straining Supply Chains

US Container Imports Jump Ahead of Tariff Deadline Straining Supply Chains

U.S. container imports in August reached the second-highest level on record, influenced by tariff policies and seasonal factors. China's share decreased, indicating diversification of import origins. East and West Coast port throughput diverged, highlighting supply chain uncertainties. Importers need to closely monitor policy changes and seek diversified solutions to mitigate potential disruptions and navigate the evolving global trade landscape. The shifting dynamics present both challenges and opportunities for businesses involved in international trade.

01/20/2026 Logistics
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US Retail Imports Drop Amid Tariffs Supply Chain Strains

US Retail Imports Drop Amid Tariffs Supply Chain Strains

The National Retail Federation predicts a significant decline in US retail imports, influenced by the US-China trade war and seasonal factors. Retailers are actively adjusting their supply chain strategies, diversifying sourcing channels, promoting localized production, and embracing digital transformation to navigate uncertainty and reshape the global retail landscape. These adjustments aim to mitigate risks associated with trade tensions and build more resilient and agile supply chains in the face of evolving global dynamics.

01/29/2026 Logistics
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New Guide Aims to Streamline Customs Valuation Processes

New Guide Aims to Streamline Customs Valuation Processes

This guide aims to help import and export companies understand the customs valuation intelligence exchange mechanism. By clarifying the importing country's customs self-assessment checklist, the golden rules of intelligence exchange, and upgraded measures, it helps businesses mitigate risks, accelerate customs clearance processes, and enhance international trade competitiveness. It provides practical guidance on leveraging intelligence exchange to ensure accurate valuations and avoid potential penalties, ultimately leading to more efficient and compliant trade operations.

WCO Committee Resolves Commodity Classification Issues at 53rd Meeting

WCO Committee Resolves Commodity Classification Issues at 53rd Meeting

The World Customs Organization (WCO) released the decisions of the 53rd session of the Harmonized System Committee, including commodity classification decisions and revisions to the Explanatory Notes and Compendium of Classification Opinions of the Harmonized System. This provides authoritative guidance on commodity classification for businesses, helping to reduce trade risks. The updates are crucial for accurate HS code determination and compliance with international trade regulations, ultimately facilitating smoother customs clearance and minimizing potential penalties.

Kazakhstan Customs Adopts Postclearance Audit Strategy

Kazakhstan Customs Adopts Postclearance Audit Strategy

The World Customs Organization (WCO) held an online Post-Clearance Audit (PCA) workshop for Kazakhstan, aiming to enhance the country's customs control and promote trade compliance. The workshop emphasized the importance of risk management, information sharing, and cooperation, assisting Kazakhstan Customs in building a more efficient and intelligent control system. This contributes to trade facilitation and security by strengthening Kazakhstan's ability to effectively manage post-clearance activities and ensure compliance with customs regulations.

Armenia Modernizes Customs with WCO for Ecommerce Growth

Armenia Modernizes Customs with WCO for Ecommerce Growth

The World Customs Organization (WCO) is assisting Armenian Customs in implementing the Mercator Programme, aimed at simplifying customs procedures, reducing trade costs, and improving efficiency. The program covers key areas such as advance rulings, risk management, and single window systems, with the goal of modernizing Armenian Customs and promoting its economic development. Other developing countries can learn from this example by actively participating in WCO projects to improve their own trade facilitation levels.

Pakistan Boosts Customs Oversight with WCO Audit Support

Pakistan Boosts Customs Oversight with WCO Audit Support

The WCO assists Pakistan in enhancing its customs post-clearance audit capabilities. This support aims to combat smuggling, promote trade compliance, and ultimately contribute to economic development. By strengthening PCA, Pakistan can improve revenue collection, reduce illicit trade, and create a more predictable and efficient trading environment for legitimate businesses. The WCO's assistance focuses on providing training, technical expertise, and best practices to build a sustainable and effective PCA system within Pakistan Customs.

Exporters Face Challenges With Abandoned International Shipments

Exporters Face Challenges With Abandoned International Shipments

Abandoned packages pose a significant risk to foreign trade businesses. This article analyzes abandoned package fees in various scenarios including transit, destination issues, customs clearance problems, and specific country regulations. It proposes effective strategies to mitigate this risk, such as accurate declaration, understanding relevant policies, communicating with recipients, selecting reliable logistics partners, and purchasing insurance. By implementing these preventative measures, businesses can minimize potential losses associated with abandoned shipments and ensure smoother international trade operations.

01/26/2026 Logistics
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Global Markets Wary As Dollar Weakens Amid Rising Risk Aversion

Global Markets Wary As Dollar Weakens Amid Rising Risk Aversion

The dollar's exchange rate continues to decline as trade war concerns resurface, fueling safe-haven demand. Safe-haven assets like the Swiss Franc and New Zealand dollar are gaining traction, reflecting investor anxiety about geopolitical risks. Investors should exercise caution, diversify their portfolios, pay close attention to geopolitical developments, and maintain a long-term investment strategy. The weakening dollar and renewed trade tensions highlight the increased volatility and uncertainty in the global financial markets.