Port Maintenance Fees Drive Up Global Shipping Costs

Port Maintenance Fees Drive Up Global Shipping Costs

The Port Maintenance Fee (HMF) is a charge imposed by U.S. Customs on ocean imports, calculated at 0.125% of the declared value of goods. This fee does not apply if goods are routed through Canada to the U.S. Businesses need to fully understand the implications of this fee and plan their shipping strategies effectively to reduce overall costs and enhance competitiveness.

GBP and EUR Fluctuate Amid Shifting Market Sentiment

GBP and EUR Fluctuate Amid Shifting Market Sentiment

The latest exchange rate of the British Pound to Euro is 1.15322 EUR, reflecting the market's sensitive response to the current economic situation. Recent fluctuations in the exchange rate demonstrate the dynamic differences of the Pound against major currencies. Investors should pay attention to interest rate changes and economic data to cope with potential market volatility in the future.

Jellyfish Export Tax Rates and Declaration Rules Explained

Jellyfish Export Tax Rates and Declaration Rules Explained

This article delves into the HS code 0308301900 for live, fresh, or frozen jellyfish, providing detailed information on tax rates, declaration elements, and regulatory conditions. It also discusses the agreed tax rates in the international market, offering a comprehensive guide for the export of jellyfish products.