Guide to Customs Compliance on Royalties and License Fees

Guide to Customs Compliance on Royalties and License Fees

The World Customs Organization has released new advisory opinions focusing on key customs valuation issues such as royalties, license fees, and trademark usage. The opinions clarify that royalty income tax should be included in customs valuation, emphasize that valuation of goods with own trademarks requires case-by-case analysis, and explain the principles for handling mixed royalties. Businesses should thoroughly understand the regulations, meticulously record transaction information, and consult with professionals to ensure customs valuation compliance. This helps avoid potential penalties and ensures accurate import/export declarations.

US Service Sector Growth Slows on Supply Labor Woes

US Service Sector Growth Slows on Supply Labor Woes

The ISM Services PMI edged down to 60.1 in June, but remained in expansion territory, indicating continued strength in the services sector. The report highlighted supply chain bottlenecks, labor shortages, and inflation as key challenges. Businesses are facing rising costs and logistical delays. Experts are urging caution regarding inflationary pressures to avoid economic stagnation. While the outlook for the services sector remains positive, it needs to navigate these multiple challenges. The sector demonstrates resilience despite these headwinds.

Ethereum Foundation Focuses on Zkevm Security for Institutional Use

Ethereum Foundation Focuses on Zkevm Security for Institutional Use

The Ethereum Foundation is adjusting its zkEVM technology roadmap, prioritizing security to meet the demands of institutional-grade applications. By mandating 128-bit provable security and strengthening security assessments and verifications, Ethereum aims to build a safer and more reliable blockchain infrastructure. This shift lays the groundwork for applications in critical sectors like finance, ensuring robustness and trust. The focus on enhanced security reflects Ethereum's commitment to fostering a secure and scalable environment for decentralized applications and broader adoption.

US Stocks Drop on Ukraine Ceasefire Hopes Tech Volatility

US Stocks Drop on Ukraine Ceasefire Hopes Tech Volatility

The Americas market started December on a weak note, with stock market volatility. Broadcom and Costco declined, while Tesla bucked the trend with gains. Progress in Ukraine ceasefire negotiations put downward pressure on oil prices. Investors should closely monitor geopolitical dynamics and corporate earnings, diversify their portfolios, and maintain patience and rationality. The market's initial December performance underscores the importance of a well-balanced investment approach in the face of ongoing uncertainty and potential market fluctuations. Careful consideration of these factors is crucial for informed decision-making.

US Supply Chain Council Focuses on Resilience and Security

US Supply Chain Council Focuses on Resilience and Security

The U.S. Supply Chain Council was established to bolster American supply chain security and resilience. Its three main objectives are to secure jobs, invest in infrastructure, and mitigate global risks. The council unites businesses, labor representatives, and policymakers to address supply chain challenges collaboratively. Initially piloted in California, the council plans to expand its membership, raise public awareness, and influence policy decisions. Ultimately, the council aims to contribute to American economic prosperity by strengthening its supply chains against vulnerabilities and disruptions.

Guide to Spotting Fake Listings on Chinas 1688 Platform

Guide to Spotting Fake Listings on Chinas 1688 Platform

This article aims to help e-commerce sellers identify fake order activities when selecting products on the 1688 platform, avoiding product selection pitfalls. It emphasizes focusing on product sales revenue and the sales trend in the last 30 days, combined with data analysis using the Shop Radar product selection tool. The article also suggests comprehensively evaluating review details, buyer repurchase rates, and shop service scores to ensure the accuracy and reliability of product selection, ultimately finding truly popular products.

Japans Bond Market Signals Mixed Outlook on Policy Direction

Japans Bond Market Signals Mixed Outlook on Policy Direction

The Japanese government bond market has recently shown a divergent trend, with long-term yields declining and short-term interest rates under pressure. This reflects the market's complex expectations for the Japanese economic outlook and the central bank's policy. Investors should pay close attention to these developments and carefully assess investment risks. The divergence highlights uncertainty surrounding future economic growth and the Bank of Japan's (BOJ) next moves regarding yield curve control and potential policy normalization.

Guide to Direct Factory Sourcing on Chinas 1688 Platform

Guide to Direct Factory Sourcing on Chinas 1688 Platform

This article provides a detailed guide on how to effectively screen source factories on the 1688 platform. It covers practical methods such as precisely identifying product categories, paying attention to Alibaba TrustPass membership duration, selecting Super Factories and Power Suppliers, checking In-depth Factory Inspection certifications, filtering out intermediaries, observing main product categories, and engaging in thorough communication. The aim is to help readers avoid middlemen and directly connect with first-hand suppliers for sourcing.

Global Air Cargo Industry Focuses on Safety and Efficiency

Global Air Cargo Industry Focuses on Safety and Efficiency

The global air cargo supply chain is complex and heavily regulated. This paper delves into the diversity of air cargo, the responsibilities of key players, the importance of security compliance, and the efficiency gains enabled by technology. It emphasizes that compliance is the cornerstone and sustainable development is the future direction. It calls for cooperation among all parties to jointly build a safer, more efficient, and sustainable air cargo ecosystem. Focus is given to the need for collaboration to ensure a resilient and secure global air cargo network.

Amazon Sellers Focus on Cutting FBA Logistics Costs Risks

Amazon Sellers Focus on Cutting FBA Logistics Costs Risks

This article provides an in-depth analysis of the Amazon FBA first leg shipping process, covering logistics planning, customs clearance documents, warehousing specifications, product compliance, and tax legal risks. It offers sellers a comprehensive operational guide designed to help them optimize logistics strategies, reduce costs, mitigate risks, and ensure a smooth FBA shipping process. This includes understanding necessary documentation and adhering to Amazon's stringent requirements for product labeling and packaging. By following these guidelines, sellers can improve efficiency and avoid costly delays.