2025 Amazon Global Selling Cross-Border Summit: Key Updates & Initiatives

Explanation of Trump's October 2025 Tariff Threat Against China

Analysis of U.S. and China’s Tariff Changes Toward the EU by 2025: Key Adjustments and Motivations

U.S.-UK Tariff Agreement Reached in 2025 | After 9 Months of Negotiations, Price Changes for These Categories Are Expected

In July 2024, the U.S. raised tariff rates on certain UK goods to "balance the bilateral trade deficit", and the UK imposed retaliatory tariffs on U.S. agricultural products. From November 2024, three rounds of talks were held in different cities, with disputes focusing on agricultural market access, digital services taxes, and steel and aluminum tariffs. In February 2025, there was breakthrough progress: the U.S. cut whiskey tariffs, and the UK lifted retaliatory tariffs on U.S. soybeans; the digital services tax dispute was resolved. In April 2025, the agreement was formally signed. Key contents include tariff adjustments on various goods, relaxed rules of origin for auto parts, elimination of digital product tariffs, and a phased implementation from June 1, 2025, to be fully completed by end - 2026. Some affected categories will see price or cost changes. However, steel and aluminum tariffs, financial services market access, and pharmaceutical patent protection disputes are not covered.

Breaking news! Trump: Tariffs on China increased to 20%! Many products affected!!

According to a report by CNBC on February 27th at 8:51 EDT, US President Trump said on the same day that 25% tariff would be officially imposed on Canada and Mexico on March 4th, and an additional 10% tariff would be imposed on China on same day.

What does logistics deferral mean？

Logistics deferral usually refers to a tax policy in international logistics where goods in the importing country can defer the payment of import value-added tax (VAT). This policy allows sellers to not immediately pay import value-added tax when importing goods, but to pay this tax to the tax bureau after the goods are sold. This approach can provide sellers with a certain cash flow advantage, as the payment of value-added tax can be postponed until after the sale of goods, thereby reducing the cash flow pressure during import.

What is the HS Code on the bill of lading?

1、 Firstly, let me introduce you to the concept of HS CODE:
⭐HS The Harmonized System Code is an abbreviation for the Harmonized System, developed by the World Customs Organization (WCO) for the classification and identification of goods.
⭐ It is a widely used universal standard in international trade for commodity classification and statistics.
⭐ It is also an international system for standardized commodity classification, facilitating customs taxation, supervision, and statistics.
2、 [HS encoding rules]:
① The first six digits of the HS code are globally standardized and applicable to all countries participating in the WCO.
② The following digits may vary from country to country: each country can refine the following digits according to their own needs. China uses an extended ten digit code, which is mainly used for more detailed classification of goods.

③ Consistency of the first six digits: The length of the code varies, but the first six digits are consistent globally and usually do not affect customs clearance at the destination port and the port of origin.
3、 Exporting and importing countries may have different HS codes:
Because each country may expand or refine its HS code according to its own needs.
⭐ When exporting, the exporter assigns an HS code based on the nature of their product and customs requirements for declaration. The formal practice for insurance is to classify products by tax number through a third-party organization recognized by customs;
⭐ When importing, the importer needs to use the HS code of the importing country for customs clearance according to its customs requirements.

Definition and process of express customs clearance

format and content of the documents are incorrect. Goods prohibited or restricted: including prohibited items or items that exceed import restrictions. Customs duties or tax issues: Failure to pay customs duties on time or existence of tax disputes. Origin issue: The certificate of origin of the goods is unclear or there are doubts. Packaging or labeling issues: Packaging does not comply with regulations or labeling is unclear. Safety or inspection issues: The goods require additional safety checks or inspections and have not passed. Changes in policies and regulations: Changes in relevant policies and regulations have led to obstacles in customs clearance.

What is the commonly referred to "double clearance and tax package" in international logistics?

What is multimodal transport, multimodal transport and its classification