US and China Strike Tentative Deal on Tiktoks Future

US and China Strike Tentative Deal on Tiktoks Future

The Ministry of Commerce announced a preliminary framework agreement between China and the US regarding TikTok's US operations. This involves establishing a new joint venture responsible for data security and content management, while ByteDance retains control over commercial operations. China urges the US to provide a fair business environment and promote the stable development of China-US economic and trade relations. This move aims to address US concerns about data security while allowing TikTok to continue operating in the US market under a restructured framework.

01/15/2026 Customs Knowledge
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US Delays China Chip Tariffs Amid Strategic Review

US Delays China Chip Tariffs Amid Strategic Review

The US's temporary suspension of chip tariffs on China is a calculated move driven by three considerations: solidifying the 'trade truce,' easing inflationary pressures, and providing businesses with adjustment time. This benefits Chinese companies in the short term, but long-term risks remain. Businesses should seize the opportunity to diversify markets, enhance technological capabilities, and closely monitor policy changes to address future challenges and uncertainties. This pause allows for strategic realignment in a dynamic global landscape.

01/15/2026 Customs Knowledge
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Italy Imposes 50000 VAT Guarantee on Ecommerce Sellers

Italy Imposes 50000 VAT Guarantee on Ecommerce Sellers

An Italian VAT compliance storm is brewing, with a €50,000 guarantee posing a difficult choice for cross-border e-commerce sellers. This article delves into the core focus of tax compliance, seller response strategies, and lingering issues after VAT deregistration. It supplements crucial information to help sellers make informed decisions by weighing cost accounting against compliance risks. It provides insights into navigating the complexities of Italian VAT regulations and mitigating potential financial burdens while ensuring adherence to legal requirements.

01/15/2026 Customs Knowledge
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Cambodia Updates Trademark Registration Rules for 2025

Cambodia Updates Trademark Registration Rules for 2025

This article provides an in-depth analysis of the Cambodia trademark registration process in 2025, common pitfalls, and key considerations for choosing a suitable agent. It emphasizes the importance of early planning for Cambodia trademark registration to avoid infringement risks and secure licensing revenue. The article also recommends several agencies for businesses to consider, including Lawtrot, Gaote International, and ASEAN Yingtuo. Understanding these aspects is crucial for companies seeking to protect their brand and intellectual property rights in the Cambodian market. Proactive trademark registration ensures a competitive advantage and long-term brand security.

12/28/2025 Customs Knowledge
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Guide to Converting Pounds to Kilograms Accurately

Guide to Converting Pounds to Kilograms Accurately

This article reveals the conversion relationship between the Chinese weight unit 'jin' and 'kilogram', emphasizing often-overlooked details in weight management. Through the author's personal experience, it shares practical advice on adjusting fitness plans, avoiding common weight management pitfalls, and answering frequently asked questions. The aim is to help readers manage their weight more scientifically and embrace a healthy lifestyle. It provides actionable insights for effective and sustainable weight management strategies.

01/19/2026 Customs Knowledge
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Biden Weighs Easing China Tariffs to Curb Inflation

Biden Weighs Easing China Tariffs to Curb Inflation

The Biden administration is considering lifting Trump-era tariffs on China, potentially to ease inflation and repair US-China relations. Removing tariffs could lower the cost of Chinese imports, boost the competitiveness of American businesses, and create a more favorable environment for cooperation in other areas. However, the final outcome remains uncertain, and the future of US-China trade relations is still evolving.

01/19/2026 Customs Knowledge
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US Trade Rep Tai Seeks Balance in China Relations

US Trade Rep Tai Seeks Balance in China Relations

U.S. Trade Representative Katherine Tai, in her CSIS speech, outlined the U.S.'s new trade strategy towards China, emphasizing a "results-oriented" approach. She highlighted the importance of China's compliance with existing trade agreements and the potential use of trade remedies. While expressing willingness to cooperate with China on issues like climate change, she warned that the U.S. will take further action if China does not alter its trade policies. The focus is on ensuring fair competition and holding China accountable for its commitments.

01/19/2026 Customs Knowledge
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WCO Unveils Myip to Standardize Global Trade Processes

WCO Unveils Myip to Standardize Global Trade Processes

This article interprets the WCO's MyIP specification, elaborating on its core concepts, applications, and construction rules. It aims to address data interoperability issues and improve efficiency. The MyIP specification provides a standardized framework for exchanging information related to intellectual property rights enforcement. Understanding the data model and its associated rules is crucial for effective implementation and utilization. By adopting this specification, organizations can streamline data sharing and collaboration, ultimately contributing to a more efficient and coordinated approach to combating intellectual property infringement.

01/19/2026 Customs Knowledge
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Indonesia Boosts EV Industry with Incentives and Localization Rules

Indonesia Boosts EV Industry with Incentives and Localization Rules

Indonesian President Joko Widodo has issued new regulations offering tariff reductions and adjusting the TKDN (Domestic Component Level) index to attract electric vehicle imports while fostering domestic industry growth. The new policy provides financial incentives for importers and gradually increases the required use of local components, aiming for technology transfer and industrial upgrading. The policy's effectiveness hinges on the development of local supporting industries and the government's implementation efforts. The goal is to boost the electric vehicle market and create a sustainable ecosystem.

01/19/2026 Customs Knowledge
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Crossborder Ecommerce Faces Rising Legal Risks Globally

Crossborder Ecommerce Faces Rising Legal Risks Globally

This article addresses the new challenges faced by cross-border e-commerce enterprises. It outlines foreign-related legal risks in areas such as international trade, sanctions compliance, cross-border supply chains, data localization, and dispute resolution, providing corresponding guidance. It emphasizes the importance of compliance management and risk prevention to help enterprises achieve steady and sound development in the global market. The article aims to equip businesses with the knowledge to navigate the complex legal landscape and mitigate potential liabilities.

01/19/2026 Customs Knowledge
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