First Sale Valuation is a rule that helps U.S. importers reduce customs duties. By assessing the value of goods based on the first sale price rather than the final transaction price, qualifying importers can effectively save costs and enhance market competitiveness.
The escalating US-China trade war, with reciprocal tariffs reaching 125%, severely impacts the global trade system, potentially triggering an economic recession and geopolitical fragmentation. Businesses and individuals need to proactively respond by diversifying markets, adjusting supply chains, and enhancing skills to collectively face the challenges and turn crises into opportunities. The trade tensions pose significant risks to global economic stability and require strategic adaptation for businesses to navigate the evolving landscape.
US Section 301 tariffs may have exacerbated the container chassis shortage, limiting trucking capacity and contributing to port congestion. Data indicates a sharp decline in chassis imports from China and a surge in imports from Mexico. Although imports have rebounded somewhat, the chassis shortage persists. Businesses need to strengthen supply chain management, pay close attention to policy changes, and embrace technological innovation to address these challenges. The tariffs' impact highlights the interconnectedness of global trade and the need for proactive risk mitigation strategies.
This article provides an in-depth analysis of HS Code Chapter 08, focusing on the import and export trade of edible fruits, vegetables, and nuts. It details the specific classifications, notes, and U.S. supplementary rules within this chapter. The importance of accurate HS Code classification for tariffs, compliance, and supply chain optimization is emphasized. Practical advice is offered to ensure classification accuracy, aiming to help businesses mitigate trade risks and enhance international competitiveness. It serves as a guide for navigating the complexities of HS Code Chapter 08.
GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.
S&P Global Market Intelligence analysis indicates that the new round of tariffs will lead to a decline in US import and export trade volume and push up consumer prices. Industries such as clothing, toys, and mobile phones will be the most affected. Companies need to adjust their pricing strategies, and consumers may face inflation. The trade war has far-reaching effects, and the global economy will be impacted.
Amazon will implement new feedback regulations on August 4, 2025, aimed at simplifying the buyer feedback process and lowering the evaluation threshold. Sellers should effectively respond to the new rules by enhancing service quality, guiding customer reviews, and mastering the appeal process to maintain their competitive edge in the market.
The WCO's COVID-19 project aims to enhance customs' capacity to respond to emergencies and ensure supply chain security. Key aspects include international cooperation and technological innovation. The project focuses on strengthening customs' preparedness, facilitating the flow of essential goods, and mitigating disruptions to global trade. By fostering collaboration and leveraging innovative technologies, the WCO seeks to build more resilient and secure supply chains in the face of future crises. This initiative underscores the importance of customs in safeguarding global trade and protecting public health during times of uncertainty.
The United States Postal Service (USPS) has announced a suspension on accepting packages from China and Hong Kong, raising concerns among cross-border e-commerce sellers. As a result, the small package logistics market is in turmoil, with sellers facing pressure to adapt to new policies and additional costs. Sellers need to closely monitor changes in tariffs and consider switching to other shipping companies.
This paper delves into the application of the De Minimis duty exemption strategy in cross-border e-commerce, analyzing its advantages and limitations. It helps e-commerce sellers assess whether their business is suitable for the De Minimis strategy by addressing four key questions: average order value, product customs classification, inventory mix, and customer geographic location. This assessment aims to avoid the risks associated with blindly adopting the strategy and ultimately achieve cost optimization.
