New Customs Rules Affect Licensing Fees Royalties

New Customs Rules Affect Licensing Fees Royalties

The World Customs Organization (WCO) has released new Advisory Opinion 4.19 on customs valuation, addressing the complex valuation issues related to royalties and license fees under Article 8.1(c) of the Customs Valuation Agreement. This opinion clarifies the valuation principles for single royalties encompassing both patents and trademarks. It assists businesses in accurately calculating import costs, reducing valuation disputes, and promoting the healthy development of international trade. This guidance aims to provide clarity and consistency in the application of customs valuation rules related to intellectual property rights.

01/26/2026 Customs Knowledge
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Chinas Trade Shift Disrupts Global Supply Chains

Chinas Trade Shift Disrupts Global Supply Chains

China's cancellation of substantial US agricultural orders, including pork and soybeans, has impacted the US agricultural sector. This action is part of China's import diversification strategy, aiming to reduce reliance on the United States. Simultaneously, the US economy faces recession risks, and the global trade landscape is being reshaped. The cancellation highlights the vulnerability of American farmers to trade disputes and underscores the ongoing tensions between the two economic powers. This situation could further exacerbate economic uncertainties and accelerate the shift in global supply chains.

01/26/2026 Customs Knowledge
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HS Code 34024220 Key to Global Fats Trade Expansion

HS Code 34024220 Key to Global Fats Trade Expansion

This paper focuses on HS code 34024220, analyzing tariff barriers and opportunities in the import and export trade of animal/vegetable/microbial oils and fats. Accurate understanding of HS codes helps companies avoid compliance risks, optimize tariff costs, and improve supply chain efficiency, ultimately leading to profit growth. By thoroughly understanding product ingredients, consulting official guidelines, and seeking professional assistance, businesses can ensure accurate classification and gain a competitive advantage in trade. Precise HS code classification is crucial for tariff optimization and compliant international trade.

01/27/2026 HS Code Query
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Russia Eases China Border Trade with New Decree

Russia Eases China Border Trade with New Decree

Russian Presidential Decree No. 912 aims to alleviate congestion at western border crossings by allowing the import of certain goods without complete documentation. This temporary measure is intended to facilitate customs system reform and regulate China-Russia trade. In the long term, China-Russia cross-border e-commerce businesses need to adapt to the trend of digitalization and compliance, enhancing their compliance capabilities to gain an advantage in the future market. This emphasizes the importance of adhering to regulations for sustained success in the evolving trade landscape.

01/26/2026 Logistics
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Small Appliance Export Challenges to Canada Costs and Logistics

Small Appliance Export Challenges to Canada Costs and Logistics

This article provides a detailed analysis for foreign traders on exporting small appliances to Canada. It covers various aspects, including logistics channel selection, freight calculation methods, packaging optimization techniques, import customs clearance procedures, marketing strategies, and recommendations for major e-commerce platforms. For companies without export rights, it offers advice on using export agents. The article emphasizes the importance of refined operations for achieving success in the Canadian market, highlighting the need for careful planning and execution in all stages of the export process.

01/26/2026 Logistics
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UK Customs Guide Importing Banlangen for Personal Use

UK Customs Guide Importing Banlangen for Personal Use

This article provides a detailed interpretation of the policies and feasible methods for sending Isatis Root Granules to the UK. It emphasizes the risks of direct mailing and offers alternative solutions such as personal carriage and importing through designated importers. The article also reminds readers to pay attention to details such as packaging and declaration, and the importance of complying with customs regulations to ensure the safe and legal acquisition of Isatis Root Granules. Understanding these regulations is crucial for a smooth import process.

01/26/2026 Customs Knowledge
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US Retail Imports Hit Decade High Ahead of Holiday Season

US Retail Imports Hit Decade High Ahead of Holiday Season

US retail imports hit a decade high, signaling significant potential for the holiday shopping season. However, import growth isn't fully synchronized with demand. While supply chain data is encouraging, retailers need to optimize management, enhance customer experience, and embrace digital transformation to stand out in the competition and secure future success. Effective supply chain management and a focus on consumer experience will be crucial for navigating the upcoming holiday season and beyond. This requires a proactive and adaptable approach to meet evolving consumer demands.

01/29/2026 Logistics Industry Insights
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Excongressman Garrett Nominated to Lead US Exportimport Bank

Excongressman Garrett Nominated to Lead US Exportimport Bank

The nomination of former Congressman Scott Garrett to head the US Export-Import Bank has sparked controversy. This article analyzes the history, functions, and controversies surrounding the Ex-Im Bank, as well as the Trump administration's shifting stance. Garrett's appointment faces challenges, and the future of the Ex-Im Bank remains uncertain. Its impact on the US economy and international trade warrants attention. The debate centers on whether the bank provides crucial support for American exporters or represents corporate welfare that distorts the market.

01/29/2026 Logistics Industry Insights
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Uschina Trade War Escalation Risks Higher Costs for American Consumers

Uschina Trade War Escalation Risks Higher Costs for American Consumers

The second round of the US-China trade war has begun, with the US imposing new tariffs on Chinese products. This article analyzes the impact of these tariffs on US prices, arguing that as China's share of the US import market grows, tariff increases will directly lead to higher prices for American consumers. It also explores the potential impact of the $200 billion goods list, the dilemmas faced by American companies, and provides an outlook on the future direction of the US-China trade war.

01/29/2026 Customs Knowledge
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Guide to Customs Compliance on Royalties and License Fees

Guide to Customs Compliance on Royalties and License Fees

The World Customs Organization has released new advisory opinions focusing on key customs valuation issues such as royalties, license fees, and trademark usage. The opinions clarify that royalty income tax should be included in customs valuation, emphasize that valuation of goods with own trademarks requires case-by-case analysis, and explain the principles for handling mixed royalties. Businesses should thoroughly understand the regulations, meticulously record transaction information, and consult with professionals to ensure customs valuation compliance. This helps avoid potential penalties and ensures accurate import/export declarations.

01/30/2026 Customs Knowledge
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