Maersk Adapts to Trump Tariffs Amid Trade Challenges

Maersk Adapts to Trump Tariffs Amid Trade Challenges

Amidst the uncertainty brought by Trump's tariff policies, Maersk CEO Søren Skou believes that tariffs themselves don't directly impact trade; consumer purchasing power is key. Maersk addresses these challenges by enhancing adaptability and deepening strategic partnerships, while firmly supporting free trade. This strategy offers valuable insights for the shipping industry, emphasizing flexible adaptation and efficiency improvements to navigate geopolitical risks and market fluctuations. The company's approach highlights the importance of resilience in a volatile global trade environment.

11/03/2025 Logistics Industry Insights
Read More
Trump Weighs Reciprocal Tariffs As Trade Tensions Escalate

Trump Weighs Reciprocal Tariffs As Trade Tensions Escalate

US President Trump announced consideration of a 'reciprocal tariffs' policy, aimed at balancing tariffs with trading partners. This move has drawn international attention, raising concerns about escalating trade tensions. The policy's implementation depends on the specific measures of trading partners, with no fixed timeline but expected to be initiated quickly. The international community generally calls for dialogue and consultation to maintain the multilateral trading system.

12/30/2025 Customs Knowledge
Read More
Trump Proposes Ukraine Peace Plan and Security Pact

Trump Proposes Ukraine Peace Plan and Security Pact

Trump mediates the Russia-Ukraine conflict, emphasizing both sides' willingness to cease hostilities. He reveals a forthcoming security agreement between the US and Ukraine. Negotiations are in the final stages, focusing on economic recovery and security guarantees, aiming to swiftly end the conflict and initiate Ukraine's post-war reconstruction. Frozen Russian assets in Europe may be used for reconstruction, with related arrangements still under discussion. The goal is a lasting peace and a stable future for Ukraine.

01/15/2026 Customs Knowledge
Read More
Key Industries Await Relief from Trumpera Tariffs

Key Industries Await Relief from Trumpera Tariffs

The US may extend the tariff suspension period from the Trump administration, potentially benefiting industries such as electronics, machinery, furniture, automotive parts, textiles, and photovoltaics. The direction of tariff policy significantly impacts the China-US trade landscape and the development of related businesses. Companies need to closely monitor policy trends and adjust their business strategies accordingly. This extension could provide a temporary relief and opportunity for growth in the affected sectors, while a change in policy could necessitate further adaptation and strategic realignment.

11/03/2025 Customs Knowledge
Read More
US and Japan Strike 550B Trade Deal to Boost Economic Ties

US and Japan Strike 550B Trade Deal to Boost Economic Ties

The Trump administration announced a trade deal with Japan, featuring a 15% US tariff on Japanese imports and Japan's commitment to $550 billion in US investments. The agreement aims to balance trade relations, promote job growth, and reshape the US-Japan economic relationship. Japanese stock markets reacted positively, but the long-term impact of the agreement remains to be seen. This deal is expected to influence future trade negotiations and potentially impact global supply chains. Further analysis is needed to fully understand the implications.

11/03/2025 Customs Knowledge
Read More
US Exits Paris Pact Strains Supply Chains

US Exits Paris Pact Strains Supply Chains

The US withdrawal from the Paris Agreement has sparked global concern, profoundly impacting freight, logistics, and supply chains. Major shippers had urged the US to remain in the agreement, but to no avail. The Trump administration indicated it would seek renegotiation or a new agreement, while France, Germany, and Italy emphasized the agreement's irreversibility. Global supply chains need to closely monitor the situation and continue to be proactive in sustainable development. The implications of this decision will be felt throughout international trade and environmental policy.

01/07/2026 Logistics Industry Insights
Read More
Trump Tariffs Spark Global Trade Fears China Evasion Concerns

Trump Tariffs Spark Global Trade Fears China Evasion Concerns

The high tariffs imposed by the US on China have prompted Chinese exporters to evade these tariffs through transshipment trade via third countries, raising concerns among neighboring Asian nations. Trump's new policies have further increased global trade uncertainty, necessitating careful responses from stakeholders.

08/05/2025 Logistics
Read More
EU Condemns Trump Tariffs Warns of Global Trade Fallout

EU Condemns Trump Tariffs Warns of Global Trade Fallout

Trump announced tariffs ranging from 15% to 50% on multiple countries, stating that the EU could enjoy lower rates if it opens its markets. In response, the EU plans to consolidate its countermeasures list, preparing nearly 100 billion euros in retaliatory measures. The outlook for negotiations between the two parties is grim, which will have profound implications for the global trade landscape.

07/24/2025 International Settlement
Read More
Customs General Administration Promotes Innovation and Development Measures in Processing Trade

Customs General Administration Promotes Innovation and Development Measures in Processing Trade

The General Administration of Customs has introduced new measures to promote stable growth in foreign trade and encourage innovation in processing trade. By optimizing management models and supporting high-tech and environmentally-friendly repair services, the transition of processing trade towards higher-end segments is accelerated. Additionally, the simplification of approval processes reduces the burden on enterprises, providing convenience for the healthy development of foreign trade.

07/21/2025 Logistics
Read More
IMF Course Boosts Tax Administration in the Americas Via SECOWCO GTFP

IMF Course Boosts Tax Administration in the Americas Via SECOWCO GTFP

The SECO-WCO GTFP supports an IMF advanced course designed to enhance the strategic planning and risk management capabilities of tax and customs administrators in the Americas. The course aims to deepen their understanding of emerging trends in taxation and international trade. Through a blended learning approach, combining online and in-person sessions, participants gain both theoretical knowledge and practical experience. This initiative ultimately contributes to regional economic development by fostering improved tax and customs administration practices.

01/05/2026 Customs Knowledge
Read More