US Tariffs Hike Disrupts China Crossborder Ecommerce

US Tariffs Hike Disrupts China Crossborder Ecommerce

The US has initiated or increased tariffs on six categories of Chinese goods imported into the US, with rates generally high, reaching up to 1157.53% in some cases. Affected products include hardwood plywood, softwood plywood, brake drums, low-speed personal transportation vehicles, temporary steel fences, and slag pots. Cross-border e-commerce companies should adopt strategies such as diversifying market layouts, increasing product added value, and ensuring compliant operations to cope with trade risks. These measures are crucial for mitigating the impact of these new tariffs and maintaining competitiveness in the global market.

US Streamlines Exports With Automated System AES

US Streamlines Exports With Automated System AES

The Automated Export System (AES) is an electronic declaration system introduced by US Customs, replacing traditional paper forms. It enables electronic declaration, real-time validation, and nationwide coverage of export information. This paper provides a detailed analysis of AES's functions, declaration process, legal and regulatory basis, and future development trends. It emphasizes the system's significant role in improving export efficiency and ensuring compliance. AES streamlines the export process by automating data submission and validation, contributing to faster clearance times and reduced errors. Its adoption is crucial for businesses engaged in international trade with the United States.

Ecommerce Firms Urged to Select Proper Bills of Lading

Ecommerce Firms Urged to Select Proper Bills of Lading

Cross-border e-commerce sellers should be aware of the risks associated with choosing between ocean bills of lading and forwarder bills of lading. Ocean bills of lading, issued by shipping companies, offer a simpler cargo retrieval process and stronger proof of ownership, suitable for full container load (FCL) shipments. Forwarder bills of lading, issued by freight forwarders, are appropriate for less than container load (LCL) shipments and specific trade terms but carry the risk of destination port agent issues. Selecting the wrong bill of lading can lead to cargo detention and financial loss. Consulting with professional logistics advisors is recommended.

Vietnams Vietcombank Adopts New SWIFT Code for Global Transfers note The Original Article Title Appears to Reference JOINT STOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Rec

Vietnams Vietcombank Adopts New SWIFT Code for Global Transfers note The Original Article Title Appears to Reference JOINT STOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Rec

This article introduces the SWIFT/BIC code VICBMD2XXXX of JOINT-STOCK COMMERCIAL VICTORIABANK, detailing its components and significance. Understanding this code helps users ensure the security and efficiency of funds during international transfers.

Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

Exploring Key Elements of the New Customs Declaration: The Significance of Consignors and Production Sales Units

In the new customs declaration form, the definitions and reporting requirements for consignees, consignors, and production and sales units are crucial. The consignee and consignor must be legally registered entities, ensuring they are party to the foreign contract. In special cases, the contract executing entity must be specified. The production and sales unit must report the organization that actually participates in the production or sale of goods to ensure accurate information.

Overview of Jacksonville Port

Overview of Jacksonville Port

Jacksonville Port, located in Florida, USA, is a major commercial port situated at the mouth of the St. Johns River, with the Atlantic Ocean to the east. This port has a strategic advantage with its proximity to key ports like Savannah and Charleston, and its navigable channels support efficient cargo handling.