Amazon reminds sellers that the Saudi VAT penalty waiver policy is ending in 17 days! VAT registration is mandatory for sellers using FBA in the UAE and Saudi Arabia. Ensure you register for a Saudi tax ID before November 30th to avoid penalties for late registration, filing, or payment. Compliant operations are crucial for expanding in the Middle East market. Seeking professional tax services is highly recommended.
Amazon is issuing refunds for commission overcharges that occurred between January 10th and 22nd due to errors in calculating referral fees and shipping costs. Sellers should promptly log into their accounts to check for refund notifications or verify billing details to protect their interests. It's crucial to regularly review account statements and stay informed about platform policy changes to ensure the safeguarding of their profits.
Amazon is reportedly closing FBA warehouses on a large scale and restricting seller replenishment, raising concerns about peak season delivery. Sellers need to closely monitor policy changes, plan inventory in advance, and explore alternative solutions to address potential challenges. This situation necessitates proactive inventory management and diversification of fulfillment strategies to mitigate the impact of these closures and replenishment limitations during the crucial peak season.
This article focuses on the latest trends in cross-border e-commerce, highlighting key policy changes including Amazon US's fee adjustments and Alibaba.com's crackdown on data fraud. It also covers global trade hotspots such as Canada's ban on single-use plastic imports and Yiwu's manufacturing prominence at the World Cup. The aim is to provide cross-border e-commerce sellers with timely and comprehensive information.
Amazon launched 'Inspire,' a TikTok-like feature, entering the short-video shopping market. TikTok Shop added Alipay and Payoneer as deposit payment options. Shopee's Quanzhou transshipment warehouse's surrounding express delivery park resumed operations. AliExpress adjusted Cainiao delivery fees for Russian overseas warehouses. Cross-border e-commerce sellers need to closely monitor platform policy changes and flexibly adjust their operational strategies to remain competitive in the fierce market.
AUD/USD is oscillating within the 0.6400-0.6700 range, currently around 0.6636. Bulls are attempting to breach the 0.6700 resistance, but bears are showing strength. 0.6625 is a crucial short-term support level; holding above it could pave the way for further upside, while a break below could trigger a pullback. Investors should pay attention to economic data, monetary policy, and global risk sentiment.
U.S. container imports saw a slight month-over-month increase in June but declined year-over-year, indicating stabilization with ongoing pressure. China's import share continued to decrease, while Southeast Asia emerged as a new growth area. West Coast ports recovered, while the East Coast faced pressure. Businesses should pay attention to trade policy changes, promote supply chain diversification, optimize port selection, and make data-driven decisions.
A Descartes report indicates a slight month-over-month increase but a year-over-year decrease in US container imports for June. China's share continues to decline. Key factors include trade policy adjustments, supply chain diversification, and evolving port dynamics. Southeast Asian countries are gaining prominence, while West Coast ports are rebounding. US importers need to adapt to these shifts and adjust their supply chain strategies accordingly.
Airport slots are a crucial element of air traffic management, essential for airline operations, resource optimization, and network stability. The Worldwide Airport Slot Guidelines (WASG) serves as the foundation for global slot management. Future policy developments should balance responsibilities, encourage innovation, and avoid practices that could harm competition and efficiency. Historic precedence is fundamental to the air transport network and should not be easily altered.
S&P Global data reveals a 3.4% year-over-year decline in US import container shipping volume for October, signaling potentially larger drops in the coming months. Key factors include inventory overhang, structural shifts in consumer demand, and trade policy uncertainty. Businesses should refine demand forecasting and optimize inventory management. Governments need to stabilize trade relations and improve the business environment to collectively navigate this trade downturn.
