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.

WCO Updates price Actually Paid Definition to Boost Trade Compliance

WCO Updates price Actually Paid Definition to Boost Trade Compliance

The new WCO regulations clarify the definition of "price actually paid or payable," assisting companies with compliance, facilitating trade, and improving the accuracy and efficiency of customs valuation. This clarification helps businesses understand and adhere to international valuation standards, streamlining import/export processes. By providing a more precise definition, the WCO aims to reduce valuation disputes and promote fair trade practices globally. Ultimately, this leads to more predictable and transparent customs procedures, benefiting both businesses and customs administrations.

Rotating Shelf Designs Face Patent Infringement Claims

Rotating Shelf Designs Face Patent Infringement Claims

This alert addresses the patent infringement case 25-cv-1951 initiated by Kundian Guo concerning a rotating storage rack, focusing on analyzing the potential risks associated with the patent USD1,047,592S. It serves as a warning to sellers of related products to conduct self-checks of their store listings and promptly remove any products that may infringe on the patent to avoid legal disputes. This proactive measure aims to mitigate potential liabilities arising from the alleged design patent infringement.

Global Trade Risks Rise As Shipping Mishaps Surge

Global Trade Risks Rise As Shipping Mishaps Surge

In international trade transportation, issues like short loading, misallocation, and container rollover frequently occur, often leading to cost disputes. This article analyzes the differences and impacts of these situations, clarifies the rules for cost allocation, and proposes strategies for foreign trade enterprises to prevent risks and protect their rights. It aims to help businesses develop steadily in a complex market environment by providing insights into managing these logistical challenges and mitigating potential financial losses associated with them.

Freight Brokers Safeguard Shippers Amid Rising Claims

Freight Brokers Safeguard Shippers Amid Rising Claims

Freight brokers protect client interests by assisting with claim filing, facilitating communication and coordination, providing documentation, and mediating disputes. Selecting a reputable broker effectively mitigates transportation risks and avoids complex claim processes, ensuring cargo safety and maximizing benefits. Brokers assist with navigating the complexities of freight claims, advocating for their clients to secure fair settlements. Their expertise streamlines the process and reduces the administrative burden on shippers. Ultimately, a skilled freight broker is a valuable asset in managing potential freight-related issues.

East Coast Port Strike Averted with New Labor Deal

East Coast Port Strike Averted with New Labor Deal

The East Coast port strike has ended as the International Longshoremen's Association and the United States Maritime Alliance reached a tentative wage agreement, resuming port operations. The strike stemmed from automation and wage disputes, with the government facilitating but not interfering. Businesses should monitor the port recovery, adjust logistics plans, and build resilient supply chains. The resolution averts further disruption to the supply chain and offers a temporary reprieve, but long-term solutions addressing automation and labor concerns remain crucial for future stability.

11/03/2025 Logistics
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Global Ecommerce Faces Rising Parcel Return Costs

Global Ecommerce Faces Rising Parcel Return Costs

The responsibility for international small packet return shipping fees follows the principle of "source of responsibility," determined by factors like the reason for return, trade terms, and platform regulations. Buyers, sellers, transportation, customs clearance issues, and Incoterms all influence who bears the cost. Clearly defining responsibility, choosing reliable logistics, preserving evidence, and proactive communication are crucial for resolving disputes. The party at fault, whether due to product defect, incorrect shipment, or other issues, is generally responsible for covering the return shipping expenses.

Fedex Pilots Approve Strike Vote Threatening Global Supply Chains

Fedex Pilots Approve Strike Vote Threatening Global Supply Chains

FedEx pilot union leaders have approved a strike authorization vote as contract negotiations with the company stall. The strike threat stems from long-standing labor disputes over issues such as pay and working conditions, potentially impacting global supply chains and the economy. All parties need to respond rationally and actively seek solutions to avoid a strike. The authorization vote does not guarantee a strike, but it significantly increases the pressure on FedEx to address the union's concerns and reach a fair agreement.

11/03/2025 Logistics
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Top Livestreamer Li Jiaqi Sparks Outrage Over Income Remarks

Top Livestreamer Li Jiaqi Sparks Outrage Over Income Remarks

Li Jiaqi's live streaming encountered a trust crisis due to the 'eyebrow pencil incident,' with the phrase 'has your salary increased?' triggering public outrage. This article analyzes the event's causes, price disputes, and the escalation of public opinion. It explores how live streaming hosts should exercise caution in their speech, empathize with users, and avoid 'mishaps' to ultimately gain user trust. The incident highlights the importance of understanding consumer sentiment and maintaining transparency in pricing within the competitive live streaming e-commerce landscape.

Ebays Nopay Policy Guide for Buyers and Sellers

Ebays Nopay Policy Guide for Buyers and Sellers

eBay has clear rules against non-paying bidders, penalizing buyers who default. Sellers can recover losses by opening an Unpaid Item Case. Buyers should bid rationally to avoid impulsive actions. The article also discusses preventing "Item Not Received" disputes, emphasizing the importance of tracking and proactive communication. Furthermore, it introduces the appeal mechanism after a dispute escalation, allowing for further review of the case. This helps both buyers and sellers navigate potential issues on the platform and understand their rights and responsibilities.