EU and Taiwan Advocate Ending Preshipment Inspections to Ease Trade

EU and Taiwan Advocate Ending Preshipment Inspections to Ease Trade

The EU and the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu submitted a proposal to the WTO advocating for the phased elimination of pre-shipment inspection (PSI) by all members to facilitate trade. The proposal outlines differentiated timelines for members based on their development levels, emphasizing transitional arrangements and technical assistance. Eliminating PSI is expected to reduce trade costs and improve efficiency. However, it also highlights the importance of customs capacity building and risk management to ensure smooth trade flows and prevent potential abuses after PSI removal.

Developing Nations Push for Flexible Trade Rules in WTO Talks

Developing Nations Push for Flexible Trade Rules in WTO Talks

China, India, Pakistan, and Sri Lanka jointly called for attention to the special circumstances of developing countries in trade facilitation negotiations. They emphasized commitment flexibility, technical assistance, and the applicability of dispute resolution mechanisms. Recommendations included modular commitments, establishing a technical assistance coordination mechanism, and introducing pre-dispute resolution procedures. The aim is to build a more flexible and pragmatic implementation framework, fostering shared global trade prosperity. This approach seeks to ensure that trade facilitation measures are implemented in a way that is supportive of developing countries' needs and capacities.

US Freight Index Rises for Fifth Month Amid Economic Growth

US Freight Index Rises for Fifth Month Amid Economic Growth

The US Bureau of Transportation Statistics reports that the Freight Transportation Services Index (FTSI) rose for the fifth consecutive month in January, exceeding pre-pandemic levels. Strong performance in waterborne, pipeline, and trucking reflects rebounding consumer demand and business inventory rebuilding. The logistics industry faces both opportunities and challenges, requiring increased investment in technology and expanded service offerings. Freight growth is a positive sign of economic recovery, but continued attention is needed regarding the global economic situation and supply chain issues. The index suggests a strengthening economy driven by increased freight activity.

02/12/2026 Logistics
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Temu Expands to Canada and Spain with Lowcost Strategy

Temu Expands to Canada and Spain with Lowcost Strategy

Pinduoduo's cross-border e-commerce platform, Temu, is accelerating its global expansion, planning to enter Canada and Spain after the US and African markets. This article analyzes the opportunities and challenges Temu faces in these two markets. It also explores Temu's JIT pre-sale model launched in the US market and discusses the importance of quality and service to Temu's future development, in addition to its low-price strategy. The article highlights the need for Temu to focus on more than just low prices to ensure long-term success in the competitive global e-commerce landscape.

Key Considerations for Importing Used Equipment

Key Considerations for Importing Used Equipment

When importing complete sets of mechanical equipment, it is essential to pay attention to tariffs and value-added tax rates, ensuring the accuracy of the declared price and customs codes. Additionally, consistency in nameplate information and compliance with inspection procedures is crucial. After assembly and debugging at the usage location, passing customs acceptance is required before production can commence.

US Raises Heavy Truck Tariffs Sparks Industry Cost Worries

US Raises Heavy Truck Tariffs Sparks Industry Cost Worries

The US imposed a 25% tariff on imported heavy trucks, aiming to revitalize domestic manufacturing. However, this could lead to higher truck prices, increased transportation costs, and potential trade wars. The impact on the trucking industry and freight carriers is significant, requiring businesses to closely monitor policy changes and take countermeasures. The future direction of the policy remains uncertain. This action has far-reaching consequences for the entire supply chain and could ultimately affect consumer prices as well.

Turkey Clarifies Binding Tariff Rules for Importexport Trade

Turkey Clarifies Binding Tariff Rules for Importexport Trade

This article provides an in-depth analysis of Turkey's Binding Tariff Information (BTI) system, explaining its definition, validity, application process, invalidation scenarios, and significance. It emphasizes the crucial role of BTI in reducing tariff risks, improving customs clearance efficiency, and enhancing trade certainty. The article also offers recommendations on how businesses can fully leverage the BTI system to achieve success in the Turkish market. By understanding and utilizing BTI, companies can navigate the complexities of Turkish customs regulations and optimize their trade operations.

WCO Enhances Cargo Targeting to Strengthen Trade Security

WCO Enhances Cargo Targeting to Strengthen Trade Security

The World Customs Organization (WCO)'s Cargo Targeting System (CTS) has undergone a significant upgrade, featuring enhancements in user interface, air cargo targeting capabilities, global deployment, and security. The WCO CTS, through risk assessment, helps customs administrations improve efficiency, ensure trade security, and promote trade facilitation, while adhering to international standards. Successfully implemented in numerous countries, the CTS will continue to strengthen technological innovation, data sharing, and global coverage. This upgrade aims to further optimize customs procedures and enhance overall supply chain security.

Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

CBP Alerts Importers to New Tariff Rules on Transshipment

CBP Alerts Importers to New Tariff Rules on Transshipment

CBP's updated policy on mother port transshipment specifies that certain goods must be shipped by specific deadlines to qualify for in-transit exemptions and a 10% countervailing duty. This change may result in higher tariffs and retroactive fees for many importers, necessitating careful handling of related declarations.