Global Trade Deficit Grows in North America and Europe

Global Trade Deficit Grows in North America and Europe

Hackett Associates' "Global Trade Pulse" report reveals a widening import-export gap in North America and Europe, reflecting a growing global trade imbalance. The report analyzes import and export data, influencing factors, and potential risks. It proposes strategies to address the trade imbalance, emphasizing the importance of international cooperation and policy adjustments. The widening gap highlights the need for proactive measures to mitigate potential economic consequences and foster a more balanced and sustainable global trading system. The report serves as a crucial resource for policymakers and businesses navigating the complexities of international trade.

01/15/2026 Logistics Industry Insights
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Brazil Adjusts Coffee Tariffs to Comply With EU Deforestation Rules

Brazil Adjusts Coffee Tariffs to Comply With EU Deforestation Rules

Brazil is adjusting its coffee industry tariffs to address the EU Deforestation Regulation (EUDR) and promote industry upgrading. This involves lowering import tariffs on compliance-related equipment, increasing export tax rebates for high-value-added products, and restricting the export of low-quality coffee beans. Brazil aims to strengthen its position in the EU market, deepen trade with China, and achieve sustainable development and high-value transformation of its coffee industry. The adjustments are designed to ensure EUDR compliance while simultaneously boosting the competitiveness and profitability of the Brazilian coffee sector.

01/15/2026 Customs Knowledge
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Guide to Customs Clearance for Crossborder Ecommerce Parcels

Guide to Customs Clearance for Crossborder Ecommerce Parcels

This article provides a detailed analysis of the complete export customs clearance process for international express small packages. It covers key steps such as preparing declaration documents, cargo collection and sorting, pre-declaration preparation, arrival declaration, customs inspection, customs release, cargo transportation and customs clearance, as well as handling special circumstances. The aim is to help cross-border e-commerce businesses understand the customs clearance process, improve logistics efficiency, and avoid potential risks. This comprehensive guide assists in navigating the complexities of international shipping and ensuring smooth export operations.

01/29/2026 Customs Knowledge
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