US and EU Implement 15 Tariff Agreement

US and EU Implement 15 Tariff Agreement

The United States and the European Union have reached an important trade agreement, imposing a 15% tariff on EU goods entering the U.S. The EU has committed to purchasing $750 billion in U.S. energy and increasing its investments by $600 billion. Trump emphasized that this agreement will boost the development of the U.S. automotive and agricultural sectors. While the EU considers this the best possible outcome, public opinion has raised concerns about its implications.

07/28/2025 Logistics
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Understanding The Fumigation Requirements For Wooden Packaging And International Markings

Understanding The Fumigation Requirements For Wooden Packaging And International Markings

This article discusses the stringent requirements for wood packaging materials in international trade, particularly when shipping to the United States, Canada, and Australia. Wood packaging must undergo pest treatment and display the IPPC mark. Compliant packaging can either be made of non-fumigated materials or treated wood. Packaging that fails to meet these standards may result in entire shipments being returned, making it essential to understand and adhere to the relevant regulations.

07/21/2025 Logistics Encyclopedia
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First International Freight Train from Urumqi to Duisburg Officially Launches

First International Freight Train from Urumqi to Duisburg Officially Launches

The international freight train from Urumqi to Duisburg officially started on May 28, carrying 41 carriages of goods, with a planned journey time of 8 to 10 days. This train not only enhances transportation efficiency but also facilitates the loading of return goods, promoting trade between Xinjiang and Europe. This initiative marks a shift in Xinjiang's economic model and will further strengthen logistics connections and market expansion both within and outside the region.

05/31/2016 Logistics
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Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Data from Qingdao Customs shows a significant improvement in customs clearance efficiency for foreign trade enterprises dealing with South Korea, with sea freight times reduced by 34.78% and air freight times increased by 71.43%. This progress is driven by policy benefits and technological innovation, particularly the AEO mutual recognition policy and the consolidated tax reform. Additionally, modern technologies such as the Internet of Things have greatly enhanced customs efficiency, significantly lowering business costs.

07/21/2025 Logistics
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Comprehensive Analysis of Russia's Customs Clearance and Transportation Processes

Comprehensive Analysis of Russia's Customs Clearance and Transportation Processes

This article explores the customs clearance and transport procedures in Russia, covering transport routes, customs processes, and the tariff system. It provides comprehensive information for importers and exporters to better adapt to the Russian market and successfully conduct international trade. Understanding the customs and transport processes is crucial for ensuring the smooth passage of goods into the market. Addressing these challenges will help businesses establish a solid foundation for engaging with the Russian market.

07/21/2025 Logistics Encyclopedia
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Customs Duty Exemption Code Explained: Understanding and Application

Customs Duty Exemption Code Explained: Understanding and Application

This article provides a detailed explanation of the structure and application of customs taxation exemption codes, covering classifications such as general taxation, gratuitous assistance, statutory tax exemptions, and specific regional tax exemptions. Through systematic classification and specific case studies, readers can gain a deep understanding of the background and implementation details of different tax policies, facilitating flexible responses in practical operations. Mastering this knowledge is an essential foundation for promoting international trade and tax processing.

07/21/2025 Logistics Encyclopedia
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Shipping Rollovers Expose Flaws in Maritime Logistics Amid Peak Demand

Shipping Rollovers Expose Flaws in Maritime Logistics Amid Peak Demand

This article delves into the common phenomena of 'container drop' and 'overcapacity' in foreign trade logistics, analyzing the fundamental causes and their impacts. Container drop is not the fault of the cargo owner but often affects delivery times and leads to customer claims. This situation reflects the shipping companies' neglect of customer service in their pursuit of profit maximization, suggesting that such issues may persist for a long time in the future.

07/28/2025 Logistics Encyclopedia
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New Customs Rules Clarify Valuation of Franchise Royalties

New Customs Rules Clarify Valuation of Franchise Royalties

The new WCO regulations clarify that franchise and brand royalties are not included in customs valuation if they are not directly related to the imported goods. Businesses need to understand the criteria for determining this direct relationship to minimize trade costs. This clarification provides greater certainty and potentially reduces the customs duties payable on imported goods where franchise or brand royalties are involved but are unrelated to the specific characteristics or production of those goods.

01/05/2026 Customs Knowledge
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Mongolia Improves Customs Valuation with WCO Assistance

Mongolia Improves Customs Valuation with WCO Assistance

At the request of the Mongolian Customs General Administration, a World Customs Organization (WCO) expert team conducted a diagnostic review of its valuation system and provided recommendations for improvement. The aim is to assist Mongolian Customs in building a more efficient and transparent valuation system by strengthening internal cooperation, developing talent, and keeping abreast of international best practices. This will enhance revenue collection, optimize the business environment, and promote trade development in Mongolia.

01/05/2026 Customs Knowledge
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Sierra Leone Adopts Wcos Ncen System to Strengthen Risk Management

Sierra Leone Adopts Wcos Ncen System to Strengthen Risk Management

Under the Mercator Program, the World Customs Organization (WCO) supports Sierra Leone in deploying the nCEN system to enhance risk management and customs valuation capabilities. Through technical assistance, training, and experience sharing, the WCO assists Sierra Leone in establishing an efficient and secure customs system, promoting trade facilitation and economic development. This initiative aims to strengthen customs procedures and improve overall border management in Sierra Leone, contributing to a more streamlined and secure trading environment.

01/05/2026 Customs Knowledge
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