News
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Due to concerns about tariffs, the supply of American cars is decreasing
Detroit — Inventory of new and used cars in the United States is falling quickly as consumers race to vehicles ahead of price increases that could come with tariffs, according to car dealers and industry analysts. The number of days’ supply of new vehicles, calculated on an estimated daily...Read more -
Hong Kong Post suspends the delivery of postal items containing goods to the United States
The US administration’s earlier announcement to cancel the small-sum duty-free arrangement for goods from Hong Kong to the from May 2 and to increase the tariffs payable for mail items to the US carrying goods will not be collected by Hongkong Post, which will suspend the acceptance of mai...Read more -
The United States has announced a partial tariff exemption on certain products from China, and the Ministry of Commerce has responded.
On the evening of April 11, the U.S. Customs announced that, according to a memorandum signed by President Trump on the same day, products under the following tariff codes will not be subject to the “reciprocal tariffs” outlined in Executive Order 14257 (issued on April 2 and later a...Read more -
The tariffs of the United States on China have increased to 145%! Experts say that once tariffs exceed 60%, any further increases make no difference.
According to reports, on Thursday (April 10) local time, White House officials clarified to the media that the actual total tariff rate imposed by the United States on imports from China is 145%. On April 9, Trump stated that in response to Chi...Read more -
Impact of Trump Tariffs: Decrease in Air Freight Demand, Update on “Small Tax Exemption” Policy!
Last night, U.S. President Donald Trump announced a series of new tariffs and confirmed the date when Chinese goods will no longer enjoy minimum exemptions. On what Trump referred to as “Liberation Day,” he announced a 10% tariff on imports to the country, with higher tariffs for cer...Read more -
The U.S. plans to impose a 25% tariff again? China’s response!
On April 24, U.S. President Trump announced that starting from April 2, the U.S. may impose a 25% tariff on all goods imported from any country that directly or indirectly imports Venezuelan oil, claiming that this Latin American country is ful...Read more -
Riga Port: An investment of over 8 million USD will be made for port upgrades in 2025
The Riga Free Port Council has approved the 2025 investment plan, allocating approximately 8.1 million USD for port development, which is an increase of 1.2 million USD or 17% compared to the previous year. This plan includes ongoing major infr...Read more -
Trade Alert: Denmark Implementing New Regulations on Imported Food
On February 20, 2025, the Danish Official Gazette published Regulation No. 181 from the Ministry of Food, Agriculture, and Fisheries, which establishes special restrictions on imported food, feed, animal by-products, derived products, and materials that come into contac...Read more -
Industry: Due to the impact of U.S. tariffs, ocean container freight rates have declined
Industry analysis suggests that the latest developments in US trade policy have once again put global supply chains in an unstable state, as President Donald Trump's imposition and partial suspension of some tariffs have caused significant disr...Read more -
The “Shenzhen to Ho Chi Minh” international freight transportation route has officially commenced operations
On the morning of March 5, a B737 freighter from Tianjin Cargo Airlines took off smoothly from Shenzhen Bao’an International Airport, heading directly to Ho Chi Minh City, Vietnam. This marks the official launch of the new international freight route from “Shenzhen to Ho Chi Minh....Read more -
CMA CGM: The U.S. Charges on Chinese Vessels Will Affect All Shipping Companies.
France-based CMA CGM announced on Friday that the U.S. proposal to impose high port fees on Chinese vessels will significantly impact all companies in the container shipping industry. The Office of the U.S. Trade Representative has proposed charging up to $1.5 million for Chinese-manufactured ve...Read more -
Trump’s Tariff Impact: Retailers Warn of Rising Goods Prices
With President Donald Trump's comprehensive tariffs on imported goods from China, Mexico, and Canada now in effect, retailers are bracing for significant disruptions. The new tariffs include a 10% increase on Chinese goods and a 25% increase on...Read more
