The European Commission plans to introduce a series of new customs regulations to combat the influx of “dangerous products” into the EU market, particularly targeting low-value goods from China. 1. Removal of Tax Exemptions The EU plans to eliminate the current tax exemption for low-value goods valued at €150 or less. 2. Imposition of Handling…
According to the Federal Register of the United States, effective February 4, 2025 (local time), all goods originating from China and Hong Kong that are imported for consumption or withdrawn from warehouses for consumption in the U.S. will be subject to an additional tariff of 10% under the new regulations. Except for specific exemption categories,…
Ports from Houston to New Orleans and Mobile have been significantly impacted by unprecedented snowstorms and record-breaking low temperatures. With limited snow removal equipment, these ports are currently experiencing snow accumulation ranging from 1 to 6 inches. Weather reports indicate that the unusual weather pattern moving along the U.S. Gulf Coast could affect up to…
The United States has announced a new wave of 25% tariffs on select imported goods, effective February 1. This decision has sparked widespread discussions in the global trade community, with businesses, exporters, and consumers bracing for its potential impact. Here, we break down the details and implications of this policy. The United States has announced…
Recently, Amazon has made new rule adjustments for product titles, such as the product name can’t be more than 200 characters (including spaces), can’t use some special characters, and can’t have repeated words. If the above misuse occurs and does not meet the requirements of the new policy, Amazon officials will give advice on modification,…
CMA has announced a Peak Season Surcharge (PSS) on cargoes from some parts of the world to the U.S. East. Among other things, CMA plans to charge a US$1,500/TEU PSS from January 15, 2025 on all cargoes from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to the U.S. East Coast and Gulf…
Maersk recently issued an update on the ongoing negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX). The company announced: “As of now, there has been no progress in the negotiations.” In light of this situation, Maersk strongly recommends that customers retrieve full containers and return empty ones at terminals…
Former President Donald Trump’s recent social media posts on Facebook and Twitter have once again thrust him into the spotlight of labor relations, this time with his vocal support for the International Longshoremen’s Association (ILA), the dockworkers union representing labor across East Coast ports. Trump’s statements have sparked a wave of reactions, with the United…
In a press conference held on December 8, U.S. President-elect Donald Trump outlined an ambitious agenda for sweeping reforms he plans to implement upon taking office. Among these, his proposal to impose tariffs on imports from the United States’ largest trading partner has drawn significant attention. Trump reiterated his campaign promise to address perceived trade…
The U.S. shipping industry is approaching a critical juncture as labor negotiations between East Coast dockworker unions and shipping companies face a January 15 deadline. These negotiations could reshape the operational landscape of key ports in the region, including New York-New Jersey, Savannah, and Charleston. However, the looming threat of a strike could disrupt supply…
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