Trumps Tariff Threats Strain Global Trade Relations

Trumps Tariff Threats Strain Global Trade Relations

On July 9, Trump reiterated the threat of increased tariffs, while Treasury Secretary Becerra noted that some countries might reach agreements, but not all parties would meet deadlines. The U.S. Secretary of Commerce stated that an agreement with ten major trading partners is forthcoming, increasing pressure on national survival. Cargo owners and freight forwarders must closely monitor policy changes to mitigate potential risks.

06/30/2025 Logistics
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Shipping Industry Grapples With Rising BAF Fuel Costs

Shipping Industry Grapples With Rising BAF Fuel Costs

BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.

Chinas Huangpu Customs Reports Record Crossborder Ecommerce Exports

Chinas Huangpu Customs Reports Record Crossborder Ecommerce Exports

Data from Huangpu Customs shows that in the first quarter of 2025, the value and number of cross-border e-commerce exports to overseas warehouses reached historic highs, increasing by 3.1 times and 3.4 times respectively. Policy support has lowered entry barriers and encouraged companies to expand into international markets, driving continuous prosperity in the cross-border e-commerce industry.

Intesa Sanpaolo SWIFT Code Guide for Global Transfers

Intesa Sanpaolo SWIFT Code Guide for Global Transfers

This article focuses on how to use the SWIFT code BCITITMM008 of INTESA SANPAOLO SPA for international remittances. It provides a series of recommendations to ensure the accuracy of the transaction, including confirming the recipient's information, understanding the remittance fees, and communicating effectively with the bank.