Tajikistan Adopts Harmonized System Codes to Boost Trade

Tajikistan Adopts Harmonized System Codes to Boost Trade

Tajikistan hosted its first national workshop on the WCO Harmonized System (HS) to enhance customs commodity classification capabilities and align with international standards. The workshop covered the HS Convention, best practices in tariff classification, and the use of WCO tools. The IFC expressed appreciation for the cooperation between the WCO and Tajik Customs. This workshop marks a significant step for Tajikistan in the field of tariff classification, creating a fairer trading environment for businesses.

01/05/2026 Customs Knowledge
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Tonga Customs Workshop Boosts Trade Efficiency

Tonga Customs Workshop Boosts Trade Efficiency

In January 2025, the WCO and Tonga Customs jointly held a workshop on tariff rulings in Nuku'alofa, aiming to enhance Tonga Customs' tariff classification capabilities and promote trade facilitation. Sponsored by the Japan Customs Cooperation Fund, the workshop covered WCO guidelines, Tonga Customs practices, action plan development, and expert experience sharing. Through capacity building, institutional improvement, technical support, and international cooperation, Tonga Customs will be better positioned to serve national economic development.

01/23/2025 Customs Knowledge
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US Industries Warn Tariffs Threaten Trucking Retail and Ports

US Industries Warn Tariffs Threaten Trucking Retail and Ports

Leaders in the US trucking, retail, and port industries are warning that current tariff policies could negatively impact the US economy, import volumes, and supply chain operations. This could lead to slower economic growth, decreased import trade, and increased risks of supply chain disruptions. Businesses need to proactively respond, and the government should carefully assess the impact of tariff policies to mitigate potential damage. Prudent evaluation and strategic adaptation are crucial in navigating these challenges.

01/07/2026 Logistics Industry Insights
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Chile Advances Trade with Customs System Workshop

Chile Advances Trade with Customs System Workshop

Chile successfully hosted a national seminar in Valparaiso on the Harmonized System and Customs Tariff Management. The seminar aimed to enhance the professional skills of customs officials in commodity classification and tariff management, ensuring consistent application of the HS 2017 version and improving current working methods. With the assistance of the WCO, Chile Customs will continue to improve its capabilities, making greater contributions to promoting Chile's economic development and facilitating international trade.

01/07/2026 Customs Knowledge
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Recovery Of Export Container Freight Rates And The Opportunities And Challenges Of New Tariff Policies

Recovery Of Export Container Freight Rates And The Opportunities And Challenges Of New Tariff Policies

Recent data shows that the comprehensive export container freight rates have risen for six consecutive weeks, reaching the highest level since September 2022. At the same time, the U.S. has implemented new tariffs on certain goods from China, with increases ranging from 25% to 100%, presenting both opportunities and challenges for the export market. Companies need to respond flexibly and optimize their strategies.

05/23/2024 Logistics
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US Truck Tariffs Strain Manufacturing and Raise Costs

US Truck Tariffs Strain Manufacturing and Raise Costs

The U.S. imposed a 25% tariff on imported trucks, aiming to boost domestic manufacturing. However, this action may lead to increased transportation costs, impacting commodity prices and potentially triggering trade friction. Businesses need to respond proactively, balancing short-term cost pressures with long-term strategic goals. The tariff could disrupt existing supply chains and force manufacturers to re-evaluate their sourcing and production strategies. This situation highlights the complex interplay between trade policy, manufacturing, and the global supply chain.

11/03/2025 Logistics Industry Insights
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US FTZ Warehouses Ease Trade Turbulence for Businesses

US FTZ Warehouses Ease Trade Turbulence for Businesses

Amidst increasing global trade uncertainties, US FTZ (Free Trade Zone) warehouses offer companies advantages like tariff deferral, duty-free exports, indefinite storage, and tariff rate selection. Especially with heightened US-China trade tensions, FTZ warehouses provide greater operational flexibility and strategies to mitigate trade risks and enhance supply chain resilience. They serve as a critical Plan B for businesses navigating these challenges, offering a 'domestic area outside customs' environment to optimize operations and minimize the impact of trade disputes.

01/04/2026 Warehousing
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Global Air Freight Rates Drop Amid Trade Volatility

Global Air Freight Rates Drop Amid Trade Volatility

The global air freight market is facing downward pressure, primarily due to trade policy uncertainties, tariff adjustments, and fluctuating market sentiment. While there have been tariff postponements and regional price increases, the overall downward trend is unlikely to change. Businesses need to closely monitor market dynamics and flexibly adjust their supply chain strategies to meet these challenges. These adjustments are crucial for navigating the current volatile environment and mitigating potential risks associated with the evolving global trade landscape.

01/06/2026 Logistics Industry Insights
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Trade War Strains Global Freight Sector Amid Slow Growth

Trade War Strains Global Freight Sector Amid Slow Growth

US-led tariff actions have sparked trade war concerns. Reports indicate that these actions will reduce US and global economic growth, exacerbate inflation, and potentially lead to an economic recession. Business investment is declining, and consumer confidence is weakening. The uncertainty surrounding tariff policies poses a significant challenge to the freight economy, highlighting the urgent need for policy adjustments. The trade war's impact on global supply chains and international relations adds further complexity to the economic outlook.

01/07/2026 Logistics Industry Insights
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