WCO Committee Updates Global Trade Classification Standards

WCO Committee Updates Global Trade Classification Standards

The 57th session of the World Customs Organization's Harmonized System Committee holds significant implications for global trade. This session adopted several commodity classification decisions, classification opinions, and amendments to the Harmonized System Explanatory Notes, covering sectors like food and beverages, plastic products, agricultural machinery, and electronics. Businesses should closely monitor the WCO official website, enhance communication with customs authorities, and improve their own classification capabilities to effectively navigate new trade challenges. Staying informed is crucial for compliance and efficient international trade operations.

01/26/2026 HS Code Query
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US and China Report Trade Progress After Highlevel Talks

US and China Report Trade Progress After Highlevel Talks

U.S. Treasury Secretary Janet Yellen stated that she had a constructive call with Chinese Vice Premier He Lifeng regarding the implementation of the US-China trade agreement, noting positive progress. This high-level dialogue demonstrates both sides' commitment to maintaining and advancing the trade agreement, contributing to global trade stability. The discussion focused on the current state of the agreement and future steps to ensure its continued success, highlighting the importance of ongoing communication and cooperation between the two economic powerhouses.

01/28/2026 International Settlement
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US Aims Key Goals in NAFTA Renegotiation Reshaping North American Trade

US Aims Key Goals in NAFTA Renegotiation Reshaping North American Trade

The US is set to renegotiate NAFTA with Canada and Mexico, with official negotiation objectives aimed at improving trade balance, supporting jobs, and promoting economic growth. Key areas of focus include market access, rules of origin, investment, digital trade, labor and environmental standards, and dispute resolution. Businesses should closely monitor negotiation progress, assess supply chain risks and opportunities, and strengthen communication with government agencies. This renegotiation presents both potential challenges and advantages for businesses operating within the North American trade landscape.

01/29/2026 Logistics Industry Insights
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WCO World Bank Boost Trade Facilitation Partnership

WCO World Bank Boost Trade Facilitation Partnership

A high-level meeting between the World Customs Organization and the World Bank Group aimed to deepen collaboration and jointly promote global trade facilitation. Both parties reviewed past achievements and discussed future cooperation directions, emphasizing autonomous approaches, coordinated border management, and customs-business partnerships. They reaffirmed their commitment to strengthening communication and collaboration, striving towards a future of enhanced trade facilitation. The meeting highlighted the importance of continued partnership in navigating the evolving landscape of international trade and ensuring efficient and secure global supply chains.

12/30/2025 Customs Knowledge
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Global Trade Relies Heavily on Merchandisers Report Finds

Global Trade Relies Heavily on Merchandisers Report Finds

Foreign trade order followers play a crucial role in international trade, responsible for order tracking, documentation, logistics coordination, and customer relationship management. Their work involves confirming order details, tracking production progress, controlling quality, preparing and reviewing documents, arranging transportation, customs clearance, and communicating with customers. This requires solid professional knowledge and excellent communication skills. They ensure smooth order fulfillment from placement to delivery, acting as a vital link between suppliers, manufacturers, and international buyers. Effective order follow-up is essential for successful international trade operations.

01/29/2026 Document Interpretation
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WCO and WTO Partner to Boost Global Trade Efficiency

WCO and WTO Partner to Boost Global Trade Efficiency

The World Customs Organization (WCO), in collaboration with the World Trade Organization (WTO), held an advanced training course in Geneva for chairpersons of National Trade Facilitation Committees from French-speaking countries. The course aimed to enhance their understanding of the Trade Facilitation Agreement (TFA) and improve their communication and collaboration skills with stakeholders. The curriculum was based on WCO's capacity building materials and introduced key tools such as the Mercator Program. Both organizations will continue their collaboration to organize similar courses for Spanish-speaking countries.

01/27/2026 Customs Knowledge
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Global Trade Logistics Key Costs and Fees Explained

Global Trade Logistics Key Costs and Fees Explained

This article provides a detailed analysis of common freight and surcharges in foreign trade logistics, along with their corresponding English expressions. It covers various costs involved in air freight, sea freight, and port operations, assisting foreign trade practitioners in efficient communication and cost control. The content aims to help users understand and accurately express logistics expenses in English, enabling them to negotiate better rates and manage their international shipping budgets effectively.

12/31/2025 Logistics Encyclopedia
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Flexport Launches Digital Platform to Streamline Global Trade

Flexport Launches Digital Platform to Streamline Global Trade

Flexport 2.0 platform empowers the digital transformation of global trade by optimizing workflows, supporting customized management, and fostering seamless collaboration. The new platform offers intuitive dashboards, advanced filtering, and customizable fields, helping users manage goods more efficiently, improve supply chain efficiency, and collaborate more closely with suppliers. Ultimately, it helps businesses achieve greater success in global trade by providing enhanced visibility, control, and communication across their supply chains.

01/29/2026 Logistics Industry Insights
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Customs Brokerage Key to Import Business Efficiency

Customs Brokerage Key to Import Business Efficiency

This article discusses the core concepts of customs operations and the responsibility relationship between importers and customs brokers. It emphasizes the importance of responsibility supervision for ensuring compliance and efficiency, while also highlighting the necessity of communication and risk management within the complex trade environment.

08/05/2025 Customs Knowledge
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Trumps Trade Policies Fuel Transpacific Trade Uncertainty

Trumps Trade Policies Fuel Transpacific Trade Uncertainty

The trade agreement signed by the Trump administration raises tariff levels, making the Trans-Pacific trade environment more uncertain, which adds pressure on global businesses and economic cooperation. Companies face risks of rising costs, making it increasingly important to seek alternative solutions to navigate the uncertainty.

08/07/2025 Logistics
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