US Firms in China Balance Trade Strains Amid Growth Push

US Firms in China Balance Trade Strains Amid Growth Push

A US-China Business Council (USCBC) report indicates that while facing trade tensions and pandemic challenges, American companies in China remain confident in the Chinese market. 88% are positive about the Phase One trade deal, but the impact of tariffs is significant. Most companies have no plans to relocate, but supply chain restructuring is becoming a trend. The report calls for the US and China to build a stable economic and trade relationship to create a favorable environment for businesses. This includes addressing ongoing concerns and fostering greater predictability.

01/28/2026 Logistics Industry Insights
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WCO Committee Highlights Key Global Trade Trends in Latest Meeting

WCO Committee Highlights Key Global Trade Trends in Latest Meeting

The 59th session resolutions of the World Customs Organization's Harmonized System Committee impact international trade. This analysis interprets new classification opinions and revisions, dissects typical commodity cases, and guides enterprises towards compliant operations. Understanding these changes is crucial for businesses involved in cross-border trade to ensure accurate classification and avoid potential penalties. This guidance helps navigate the complexities of the HS code and adapt to evolving international trade regulations, promoting efficient and legally sound import and export practices.

01/26/2026 HS Code Query
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WCO Aids MENA Customs in Trade Boost Via Harmonized System

WCO Aids MENA Customs in Trade Boost Via Harmonized System

The World Customs Organization (WCO) actively supports the implementation of the Harmonized System by customs administrations in the Middle East and North Africa (MENA) region, enhancing trade facilitation. Through workshops on the HS 2017 amendments and promotion of advance rulings, the WCO assists regional customs in improving management and promoting economic development. Future cooperation will focus on capacity building, technical assistance, and long-term planning to address new challenges in global trade. This aims to further streamline processes and boost regional economic growth within the MENA region.

01/26/2026 Customs Knowledge
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Chinas Domestic Demand Rises Amid Global Trade Shifts in 2026

Chinas Domestic Demand Rises Amid Global Trade Shifts in 2026

The global trade environment is projected to deteriorate significantly by 2026, posing substantial challenges to China's exports. Insufficient domestic demand is the primary issue, rooted in the ongoing adjustment of the real estate market. Macroeconomic policies are expected to maintain a pro-growth stance, with a more proactive fiscal policy and a flexible monetary policy. Real estate policies will seek a balance between market stability and high-quality development. Expanding domestic demand and deepening reform and opening-up are crucial to addressing these challenges.

01/27/2026 Customs Knowledge
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Mexico to Promote Trade at Interwine Asia 2026 in Guangzhou

Mexico to Promote Trade at Interwine Asia 2026 in Guangzhou

The China Mexico Chamber of Commerce cordially invites you to the 2026 Guangzhou Asian International Wine Exhibition, a golden opportunity to expand into the Asian market. The exhibition offers comprehensive services including market insights, brand exposure, business matching, and cultural exchange. As a supporting organization, MEXCHAM provides full support and a complimentary 9-square-meter booth. Seize this opportunity to register and participate in jointly exploring the Asian wine and beverage market.

01/30/2026 Logistics Industry Insights
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WTO Clarifies undertaken in Customs Rules to Ensure Fair Trade

WTO Clarifies undertaken in Customs Rules to Ensure Fair Trade

In 1983, the Customs Valuation Committee clarified that the term "undertaken" in Article 8 of the Customs Valuation Agreement should be interpreted as "carried out" in the English context. This interpretation aimed to standardize understanding and prevent trade disputes arising from linguistic differences. However, this clarification does not affect the French and Spanish versions of the Agreement. The ruling emphasizes the importance of consistent interpretation in international trade agreements to ensure fair and predictable application across different language versions.

01/30/2026 Customs Knowledge
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WCO Aids Niger Customs in Trade System Upgrade for Africa

WCO Aids Niger Customs in Trade System Upgrade for Africa

The World Customs Organization (WCO), with EU funding, launched the project "Harmonized Commodity Classification Based on WCO Standards to Strengthen African Trade," with Niger as one of the first beneficiary countries. WCO experts assessed Niger Customs to enhance its commodity classification and customs valuation capabilities, unify commodity classification standards, and facilitate African trade. This project will provide valuable experience for other African countries, jointly building a new landscape for African trade.

01/30/2026 Customs Knowledge
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Decoding CIP Incoterms Key Costs and Logistics in Global Trade

Decoding CIP Incoterms Key Costs and Logistics in Global Trade

This article provides an in-depth analysis of CIP Incoterms, explaining its cost allocation, modes of transport, and customs clearance responsibilities. Under CIP, the seller is responsible for delivering the goods to the named place of destination and procuring transport insurance, but typically does not cover customs clearance costs at the destination port. Businesses should clearly define all terms to mitigate trade risks.

01/30/2026 Customs Knowledge
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ADB and WCO Boost Global Trade Efficiency in New Partnership

ADB and WCO Boost Global Trade Efficiency in New Partnership

The Asian Development Bank (ADB) and the World Customs Organization (WCO) are strengthening their collaboration to enhance customs efficiency in developing countries. This partnership focuses on capacity building, technical assistance, information sharing, and policy dialogue. The goal is to promote trade facilitation and regional integration, jointly address global trade challenges, and build a more efficient and interconnected global trade landscape. The cooperation aims to improve customs procedures, reduce trade costs, and support sustainable economic growth across the Asia-Pacific region.

02/02/2026 Customs Knowledge
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WCOJICA Initiative Strengthens Customs Trade in East and Southern Africa

WCOJICA Initiative Strengthens Customs Trade in East and Southern Africa

The World Customs Organization (WCO), in collaboration with the Japan International Cooperation Agency (JICA), successfully held the 3rd Working Group Activity of the Advanced Rules of Origin Trainers Project for the East and Southern Africa region in Zambia. This project aims to cultivate qualified customs trainers, enhance regional customs capacity, and facilitate the smooth implementation of the African Continental Free Trade Area (AfCFTA). Through systematic training and curriculum development, the project will provide a solid foundation of skilled personnel for regional trade facilitation.

02/03/2026 Customs Knowledge
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