WCO OECD Align Customs and Transfer Pricing to Boost Trade

WCO OECD Align Customs and Transfer Pricing to Boost Trade

A joint workshop by the World Customs Organization (WCO) and the Organisation for Economic Co-operation and Development (OECD) aimed to enhance the expertise of customs and tax authorities in customs valuation and transfer pricing. It promoted cooperation to resolve tax disputes and trade frictions arising from valuation differences. The workshop included rule learning, practical exchanges, and provided WCO guidelines as reference. Future efforts will focus on deepening collaboration to build a fair trade environment by addressing valuation challenges and fostering international cooperation.

02/03/2026 Customs Knowledge
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Belize Customs Boosts Training with WCO Assistance

Belize Customs Boosts Training with WCO Assistance

The World Customs Organization (WCO) assisted the Belize Customs and Excise Department (CED) in its human resources reform and modernization efforts. Through workshops, CED senior management analyzed existing strategies and business plans, developing a human resources strategy, development plan, and training calendar. These initiatives aim to enhance CED's human resources management capabilities to meet the evolving challenges of global trade and promote economic development in Belize. The collaboration underscores the importance of international cooperation in strengthening customs administrations and fostering efficient trade practices.

02/03/2026 Customs Knowledge
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2017 HS Code Revisions Impact Global Trade Practices

2017 HS Code Revisions Impact Global Trade Practices

The World Customs Organization (WCO) implemented its fifth major revision to the Harmonized System (HS) Nomenclature and Coding system in 2017. This revision includes 233 sets of amendments spanning key sectors such as agriculture, chemicals, timber, textiles, base metals, machinery, and transportation. The aim of this revision is to enhance the accuracy and applicability of HS codes, thereby having a profound impact on global trade. These changes are crucial for businesses involved in international trade to ensure compliance and accurate classification of goods.

02/03/2026 HS Code Query
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Trump Tariffs Cut US Trade Gap but Raise Economic Risks Amid European Bankruptcies

Trump Tariffs Cut US Trade Gap but Raise Economic Risks Amid European Bankruptcies

The temporary narrowing of the US trade deficit may be a brief resurgence due to tariff policies, with structural damage potentially emerging in the future. The wave of European corporate bankruptcies serves as a warning, highlighting the persistent economic pressures. In contrast, cross-border e-commerce is growing against the trend, demonstrating its crucial role and long-term potential within the global trade system. This resilience suggests a shift in consumer behavior and a growing reliance on digital platforms for international commerce.

02/03/2026 Customs Knowledge
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EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

EU Weighs High Tariffs on Chinese Hybrid Cars Amid Trade Spat

The EU is considering imposing tariffs of up to 35.3% on Chinese hybrid vehicles, potentially reaching 45% with existing rates. This stems from surging Chinese hybrid vehicle exports and EU concerns about subsidies. Simultaneously, the US exhibits protectionist tendencies, threatening tariffs on French goods. These events highlight escalating global trade friction and rising protectionism, creating uncertainty for the global economy. The proposed EU tariffs and US threats exemplify the growing trend of trade disputes and potential barriers to international commerce.

02/03/2026 Customs Knowledge
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US Seaports Drive Trade and Economic Growth

US Seaports Drive Trade and Economic Growth

U.S. maritime ports are crucial hubs for international trade and economic growth engines. With over 350 deep-water ports, including leading ports like Los Angeles and Long Beach, the U.S. leverages a multimodal transportation system connecting the nation. These ports facilitate import and export trade, generate significant employment, and stimulate related industries. A comprehensive maritime port map is essential for understanding U.S. maritime infrastructure and its role in the global economy. They are vital for the nation's economic prosperity and global competitiveness.

02/03/2026 Port Encyclopedia
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Guide Using Whatsapp for Global Trade Expansion

Guide Using Whatsapp for Global Trade Expansion

This article provides an in-depth analysis of WhatsApp's application in foreign trade customer acquisition, offering comprehensive guidance from account acquisition and practical tips to advanced tools. Driven by data analysis strategies, it helps foreign trade companies improve customer reach and order conversion rates, achieving refined operations. Learn how to effectively leverage WhatsApp for lead generation, customer engagement, and ultimately, boosting your international sales through strategic implementation and data-driven insights. This guide covers essential aspects to maximize your WhatsApp marketing efforts.

12/29/2025 Logistics Encyclopedia
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B2B Platforms Vs Google Ads Customer Acquisition Guide for Exporters

B2B Platforms Vs Google Ads Customer Acquisition Guide for Exporters

This article compares and analyzes the differences between Google Ads and B2B platforms in terms of foreign trade customer acquisition. It points out that Google Ads is more conducive to precise traffic generation and brand building, while B2B platforms face homogeneous competition. The article suggests that foreign trade companies should choose appropriate promotion channels and develop effective marketing strategies based on their own circumstances. Ultimately, a tailored approach considering budget, target audience, and desired outcomes is crucial for successful international lead generation.

12/31/2025 Logistics Industry Insights
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China Slaps Antidumping Duties on US South Korean Solar Polysilicon

China Slaps Antidumping Duties on US South Korean Solar Polysilicon

China's Ministry of Commerce announced the continuation of anti-dumping duties on solar-grade polysilicon imported from the United States and South Korea, with the highest tax rate reaching 113.8%. This measure aims to protect China's domestic industry but may also trigger international trade friction. Relevant enterprises need to actively adjust their strategies to adapt to the new market landscape. The decision highlights the ongoing trade tensions and the importance of strategic adaptation for businesses operating in the global solar energy sector.

02/04/2026 Customs Knowledge
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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
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