US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

US Businesses May Reclaim Millions in Unclaimed Tariff Refunds

Facing opportunities arising from the U.S. Trade Representative (USTR) tariff policy adjustments, how can businesses seize duty drawback benefits? North American customs compliance expert Ben Bidwell reveals the impact of USTR tariff policy changes, the potential for duty drawback amounts, the direction of China-U.S. tariffs, and the long-term effects of tariffs. He advises companies to proactively respond, grasp opportunities, strengthen cooperation with customs brokers and trade experts, enhance compliance levels, and reduce trade risks. This proactive approach is crucial for navigating the evolving trade landscape and maximizing potential benefits.

01/30/2026 Customs Knowledge
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Schefferville Airport Vital for Northern Canadas Access

Schefferville Airport Vital for Northern Canadas Access

This article introduces the airport code, YKL, for Schefferville Airport in Canada. It also provides supplementary information such as the airport's geographical location, altitude, and ICAO code. The article emphasizes the vital role of airport codes in air transportation and highlights the significance of Schefferville Airport for the local community.

01/20/2026 Airport Codes
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Amazon Tightens KYC Rules for Seller Accounts

Amazon Tightens KYC Rules for Seller Accounts

Recently, KYC verification for Amazon payment accounts has become frequent, requiring sellers to be vigilant. The article points out that Amazon may associate payment accounts with stores, and the 'one-to-one' payment method using non-legal person information is no longer applicable. It is recommended that sellers adopt the 'true one-to-one' payment method using legal person information to avoid triggering a second review, ensuring fund security and smooth store operation.

01/04/2026 International Settlement
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Guide to Streamlining VAT Payments and Refunds Online

Guide to Streamlining VAT Payments and Refunds Online

This article details the operational process of online VAT payment and refund, including LianLian account binding, tax payment (providing two methods), tax payment record inquiry, and refund account settings and inquiry. It aims to help cross-border e-commerce sellers easily handle VAT payment and refunds, improving operational efficiency. The guide covers key aspects of managing VAT obligations online, streamlining the process for businesses engaged in international trade and ensuring compliance with VAT regulations.

02/05/2026 Customs Knowledge
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Global Trade Payments Secure and Efficient Transaction Guide

Global Trade Payments Secure and Efficient Transaction Guide

This article provides an in-depth analysis of six common payment methods in international trade (Letter of Credit, Remittance, Collection, Cash Payment, Cash on Delivery, and Open Account), highlighting their advantages, disadvantages, and applicable scenarios. It offers practical advice on choosing the right payment method to help you securely and efficiently receive payments in international trade. This guide aims to minimize trade risks and ensure successful transactions by understanding the nuances of each payment option.

02/05/2026 International Settlement
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Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Freight Payment Terms PP and CC Shape Global Trade Costs and Trust

Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.

07/28/2025 Logistics Encyclopedia
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Klarna Amazon Partner on Buy Now Pay Later in US

Klarna Amazon Partner on Buy Now Pay Later in US

Klarna Amazon Card, a new online payment method, significantly enhances the shopping experience for Amazon users by simplifying the payment process, offering flexible payment options, and strengthening security. It is not only convenient and fast but also helps users better manage their personal budgets, making it an ideal payment choice for modern consumers. It streamlines purchases and provides greater control over finances, appealing to a wide range of shoppers seeking a seamless and manageable online shopping experience.

02/05/2026 International Settlement
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Guide to Simplifying International Shipping Tax Payments

Guide to Simplifying International Shipping Tax Payments

This article provides a detailed interpretation of the three mainstream models for international express tax payment agent services (logistics provider payment, cross-border e-commerce platform withholding and payment, and sender prepayment). It analyzes their applicability in different scenarios. Furthermore, the article offers a detailed explanation of the payment process and key precautions, aiming to help readers easily manage cross-border logistics and avoid unnecessary complications. It covers crucial aspects for smooth international shipping and tax compliance.

01/15/2026 Logistics Encyclopedia
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Ecommerce Sellers Face DDP Vs DDU Shipping Dilemma

Ecommerce Sellers Face DDP Vs DDU Shipping Dilemma

Cross-border e-commerce sellers need to comprehensively consider factors such as customs clearance responsibility, tax burden, and risk transfer when choosing between DDP (Delivered Duty Paid) and DDU (Delivered Duty Unpaid) terms. DDP is suitable for scenarios where buyers lack customs clearance capabilities or need to enhance customer experience, while DDU is suitable for situations where buyers have customs clearance capabilities or tax rates fluctuate significantly. When choosing, attention should be paid to the policies of the destination country, tax calculation, and the qualifications of the freight forwarder to reduce risks and ensure smooth delivery.

01/15/2026 Logistics Encyclopedia
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