What Is the “First Sale Rule”? In an era of volatile U.S. tariffs on imported goods, companies are increasingly turning to an old but powerful tool: the First Sale Rule. First introduced in 1988, the rule allows importers to declare the customs value of goods based on the first transaction price in a multi-tiered supply…
Washington, D.C. — Under the direction of President Trump, the U.S. Department of Commerce has announced that a new wave of 50% tariffs will take effect June 23, 2025, targeting a broad range of steel-derived household appliances including dishwashers, washing machines, refrigerators, ovens, and more. This measure follows the June 4 expansion of steel and…
Introduction In April 2025, the U.S. government announced a sweeping set of tariff increases targeting a range of international trading partners—dubbed the “Liberation Day Tariffs”. This move escalated global trade tensions and prompted a fresh round of economic analysis on its long-term implications. A recent working paper published by the National Bureau of Economic Research…
In recent days, several countries and regions have reported new developments in tariff-related negotiations with the United States, reflecting a dynamic and evolving landscape in international trade. From China to India, discussions are intensifying around not only tariffs but also broader strategic trade issues. Below is a summary of the latest diplomatic and economic movements….
On June 4, 2025, the White House officially implemented a new round of tariffs targeting a wide range of steel and metal-based products. This policy shift is part of an ongoing effort by the Trump administration to strengthen domestic manufacturing and reduce reliance on foreign metals, especially from countries deemed to be engaging in unfair…
The European Pallet, commonly referred to as the EPAL pallet or EUR pallet, is the most widely used standardized wooden pallet across Europe. Its design, dimensions, and load-bearing capacity are all governed by the European Pallet Association (EPAL) to ensure seamless compatibility across the continent’s logistics network. 📏 1. Standard Dimensions The official EUR pallet…
Container shipping rates from Asia to the United States are on the rise again, as carriers ramp up capacity in anticipation of a sharp increase in orders during the current tariff suspension period. The latest developments reflect heightened urgency among shippers seeking to avoid potential surcharges before the August 14 tariff deadline. 📈 Spot Rates…
On May 22, 2025, the U.S. Department of Commerce issued a preliminary affirmative determination in its anti-dumping investigation into imports of hard gelatin capsules from China, Brazil, India, and Vietnam. One Chinese company, Shandong HGC Co., Ltd., a wholly-owned subsidiary of Shandong HeDa Co., Ltd., received a preliminary anti-dumping duty rate of 172.24%. Other Chinese…
On May 20 local time, the G7 Finance Ministers’ Meeting officially opened in Banff, Alberta, Canada. At the opening press conference, Canadian Finance Minister François-Philippe Champagne revealed that G7 countries have begun discussions on imposing tariffs on low-value Chinese goods. The move aims to curb the oversupply of Chinese products and coordinate efforts among member…
On May 20, 2025, the U.S. Department of Commerce announced a preliminary affirmative determination in its countervailing duty (CVD) investigation concerning active anode materials imported from China. This decision entails imposing tariffs of up to 721% on synthetic and natural graphite anode materials, essential components in lithium-ion batteries used in electric vehicles (EVs) and other…
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