The Trump administration announced tariffs on Mexican imports in response to the "illegal immigration crisis at the southern border." This move sparked strong opposition from the American business community, who argued it would harm US consumers and businesses, and potentially damage US-Mexico cooperation. The future of the tariff dispute remains uncertain.
Former US President Trump signed an executive order adjusting import tariff policies, covering exempted commodities like gold and graphite, and taxed goods such as silicon products. This reflects the US strategic orientation on key raw material supply chains. The move will have a profound impact on global mineral trade and the industrial silicon industry. Businesses need to pay close attention to these changes and their potential consequences.
The Trump administration's tariff policy experienced a rapid reversal within 24 hours, highlighting the uncertainty of the US tariff environment. Cross-border e-commerce businesses should mitigate risks through market and platform diversification, and enhancing supply chain resilience. Multi-platform management tools, such as E-Cang ERP, can help companies operate efficiently and cope with trade challenges.
The Global Port Tracker report reveals that tariff policies will lead to a long-term decline in US import trade after a short-term rebound. Retailers are stockpiling goods to cope with tariffs, but policy uncertainty increases planning difficulties. The report predicts a significant drop in import volume in the coming months. Businesses need to adjust strategies, expand markets, and optimize inventory. Data analysts can provide decision support.
The 'Global Port Tracking Report' indicates a short-term surge in US import trade due to tariff reductions. However, a sharp decline is expected in the latter half of 2025 as these policies expire. The report forecasts import volumes for the coming months, highlighting the impact of trade policy uncertainty on supply chains. Retailers are actively preparing for back-to-school and holiday seasons, but remain concerned about future tariff policy directions. This uncertainty poses challenges for long-term planning and inventory management.
Trump has once again issued a strong signal on US-China trade, threatening to raise tariffs on Chinese goods to 155% and setting a deadline of November 1st. Despite this, he remains optimistic about reaching a deal and plans to meet with Chinese representatives during the APEC Summit. Simultaneously, the US and Australia have signed a key minerals agreement aimed at reducing reliance on Chinese supply chains. The future direction of the US-China trade war remains uncertain.
Ethiopia is accelerating the modernization of its tariff classification system to align with international standards, aiming to facilitate trade and promote economic growth. With support from the EU-WCO Africa HS Project, the Ethiopian Customs Commission is working to streamline processes, improve efficiency, and strengthen capacity building to adapt to the evolving global trade environment. This initiative seeks to simplify customs procedures, reduce trade barriers, and enhance Ethiopia's competitiveness in the international market.
Algerian customs experts visited the Netherlands to study customs laboratories, aiming to learn advanced practices for building a modern laboratory in their country. This visit is part of the EU-World Customs Organization HS-Africa project, which focuses on improving customs management and promoting trade facilitation in Africa. The study tour covered laboratory design, technical equipment, workflow, and tariff classification. The insights gained will provide valuable references for the construction of the Algerian customs laboratory.
The World Customs Organization (WCO) held a Middle East and North Africa regional seminar in Saudi Arabia, focusing on the application of advance rulings in tariff classification and origin rules. This system aims to improve trade efficiency, reduce costs, enhance transparency, and promote compliance. Participants discussed implementation challenges, with Saudi Arabia playing an active role in regional cooperation. The seminar's outcomes contribute to promoting regional trade facilitation and creating a more predictable trading environment for businesses.
Kazakhstan Customs actively embraces international standards and enhances tariff classification capabilities by hosting WCO Harmonized System workshops, thus improving the business environment. Through digital transformation and international cooperation, Kazakhstan Customs is committed to building an efficient and compliant customs system, promoting trade facilitation, attracting investment, and driving economic development. This contributes to the prosperity of global trade. The focus is on aligning with international best practices to streamline processes and foster a more attractive investment climate.
