US President Trump announced that a 25% import tariff will be imposed on steel and aluminum products from all countries. This policy will completely change the global trade rules and trigger violent fluctuations in the international commodity market. This article will deeply analyze the impact of the new tariff policy on global trade, supply chains and capital markets, and explore its possible chain reactions.
US President Trump announced the upcoming introduction of a tariff reciprocity policy targeting multiple countries, with automobile tariffs becoming a key tool. This policy may cause a cost impact of up to $50 billion on the global automotive industry chain, triggering market concerns. How will the Trump administrations new trade strategy affect the global trade pattern? This article provides an in - depth analysis for you.
Recently, several shipping companies have released new surcharge adjustment plans, attracting close attention from freight forwarders and importers and exporters. Although the large - scale strike over labor disputes at East Coast ports in the US has temporarily ended, several international shipping giants including CMA CGM and Maersk have successively announced the imposition or increase of peak - season surcharges on some routes. The affected areas cover North America, the Indian subcontinent, the Middle East Gulf, the Red Sea, Egypt and Latin America, etc. Such fee adjustments often mean an increase in transportation costs and also reflect that the recent market environment still faces certain fluctuations.
Recently, news from Canada has drawn high attention from the cross - border trade and investment community: According to an official familiar with the situation, the Canadian government has drawn up a list of US - made goods worth approximately 150 billion Canadian dollars (about 105 billion US dollars). If the new US leadership decides to impose tariffs on Canadian products, the US products on this list will face retaliatory tariffs.
According to the latest news from Evergreen Marine, the customs of the Netherlands and Indonesia have updated the requirements for freight documents and sending - receiving information. Foreign trade practitioners need to pay attention to the new regulations to avoid port congestion, additional costs and cargo delays. This article will analyze the key points of the new regulations in detail to help you deal with them smoothly.
In the just - past 2024, Chinas foreign trade overcame the complex and changeable external environment and severe challenges, successfully achieving steady growth in exports and structural optimization. Official statistics show that in 2024, Chinas total foreign trade import and export value reached 43.85 trillion yuan (about 6.2 trillion US dollars), a year - on - year increase of 5%, reaching a new historical high. Looking back on this year, there were frequent new elements: multiple innovative elements including new business forms, new brands and new products jointly contributed to China maintaining its position as the worlds largest goods trading country.
Starting January 1, 2025, travelers entering Egypt with more than one mobile phone equipped with a foreign SIM card may face on-the-spot high tariff payments. According to Egypts latest official regulations, each passenger can only bring one duty-free phone for personal use. Exceeding this limit requires immediate payment of a 38.5% tariff based on the phones value, or the device will be barred from entry.
With just one week left in Trumps presidency, the White House announced new restrictions on the export of AI chips produced by U.S. tech companies like Nvidia. According to a White House statement, the policy aims to strengthen U.S. security and economic power and ensure U.S. dominance in the rapidly evolving AI field. While it remains uncertain whether the next administration will revise the policy, the industry has closely scrutinized this hastily implemented rule, believing it will profoundly impact global chip trade and cross-border AI technology exchanges.