Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk Reports US Tariff Impacts Trade Strategies Amid Global Challenges

Maersk recently revealed that the average effective tariff in the U.S. currently stands at 21%, significantly down from 54% in April. The company anticipates that global trade and consumer confidence in the coming months will be influenced by a potential trade agreement expected to be reached by July 9. Clients across various industries are gradually reducing their dependence on China, demonstrating the flexibility of businesses to adapt to changes in international trade.

08/06/2025 Logistics Industry Insights
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New Guide Explains HS Codes for Soybean Seed Exports

New Guide Explains HS Codes for Soybean Seed Exports

This article analyzes the basic information of soybean for planting (HS Code: 1201100000), including export tax rates, declaration elements, and relevant regulatory provisions. It outlines the agreement tax rates and RCEP tax rates, providing companies with a comprehensive reference to optimize their international trade strategies.

08/05/2025 HS Code Query
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Guide to Successful Importing in Global Trade

Guide to Successful Importing in Global Trade

This article provides a detailed analysis of the seven key processes involved in foreign trade import, offering a comprehensive operational guide from signing the agency agreement to the final handover of goods. It aims to help readers understand the import process, avoid potential risks, and improve foreign trade efficiency. The guide covers essential steps and considerations for a smooth and compliant import experience, focusing on practical advice and best practices for navigating the complexities of international trade.

08/21/2025 Customs Knowledge
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Interpretation of Tariff Preferences Under China-south Korea and China-australia Free Trade Agreements by the General Administration of Customs

Interpretation of Tariff Preferences Under China-south Korea and China-australia Free Trade Agreements by the General Administration of Customs

This paper elaborates on how to enjoy tariff preferences under the China-South Korea and China-Australia Free Trade Agreements. It outlines the processes for querying agreement information and applying for certificates of origin, and provides consultation channels for any issues encountered, offering practical reference for importers and exporters.

07/21/2025 Logistics
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Xiamen Port And Tianjin Port Strategic Cooperation Opening A New Era Of Modern Logistics Worth Hundreds Of Billions

Xiamen Port And Tianjin Port Strategic Cooperation Opening A New Era Of Modern Logistics Worth Hundreds Of Billions

Xiamen Port, Tianjin Port, and Zhonggu Shipping have signed a strategic cooperation agreement to enhance cooperation between northern and southern ports and promote the development of a trillion-yuan modern logistics industry. The three parties will focus on expanding sea-rail intermodal transport, supply chain markets, and various cooperative fields, facilitating regional economic complementarity and trade exchange.

07/28/2025 Logistics
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Negotiated Rate Agreements Ease Shipping Industry Challenges

Negotiated Rate Agreements Ease Shipping Industry Challenges

The Negotiated Rates Agreement (NRA) is a document regulated by the U.S. Federal Maritime Commission that ensures shipping rates are recorded and approved before loading. It protects clients' trade secrets, preventing competitors from accessing freight information. Flexport automates the generation of NRAs to meet compliance requirements, offering customers convenient authorization options to expedite their shipping processes.

08/07/2025 Logistics Encyclopedia
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Dalian Port Group Accelerates Layout in the Far East Market, Achieves New Breakthrough in International Logistics Strategy

Dalian Port Group Accelerates Layout in the Far East Market, Achieves New Breakthrough in International Logistics Strategy

Dalian Port Group signed a strategic cooperation agreement with the Russian Far East Transport Group, focusing on the infrastructure renovation of Nakhodka Port and the establishment of a container transshipment station. This initiative will enhance the port's throughput capacity, promote economic cooperation between Dalian, Liaoning, and the Primorsky Krai, facilitate trade between the two countries, improve logistics efficiency, and expand the market in the Far East region.

11/10/2023 Logistics
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