Introduce more foreign trade industry information to you
91 member states of the World Trade Organization reached a preliminary agreement to permanently ban the taxation of cross - border digital transactions, marking an important step in the adaptation of global trade rules to the digital age.
The booking note is an important document filled out by the shipper according to the transaction contract and L/C terms. The carrier considers factors such as the shipping schedule, route, and shipping space based on the content of the booking note to confirm whether to accept the shipping business. This article will introduce the main content of the booking note and the matters needing attention when filling it out.
Facing potential trade protectionism under a possible Trump re-election, the EU is planning a carrot-and-stick strategy, preparing negotiation and self-defense measures to safeguard its economic interests.
The Regional Comprehensive Economic Partnership Agreement (RCEP) is a trade agreement initiated by the ten ASEAN countries and inviting 16 countries including China, Japan, South Korea, Australia, New Zealand, and India to participate. It aims to reduce tariff and non - tariff barriers and establish a unified market.
The signing and implementation of RCEP will have the following impacts on foreign trade exports:
The Red Sea crisis and tariff uncertainties have led to an early peak season at U.S. West Coast ports, with rising freight costs. Importers and retail association members are considering stockpiling goods to prepare for potential tariff changes.
When importing goods to the US, foreign trade enterprises should pay attention not only to US import tariffs but also other import-related fees.
In the first half of 2024, Russias natural gas production and exports showed significant growth, demonstrating its resilience and adaptability in the global energy market despite Western sanctions.
The impact of U.S. interest rate hikes on foreign trade mainly arises through their effects on currency exchange rates and trade financing costs.
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PSB Record: Shanghai No.31011502009912
