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21

06 / 2024

Exports to Mexico need to be vigilant, low-cost customs declarations are identified as smuggling and fraud

Recently, the National Tax Administration of Mexico (SAT) announced a revision of the foreign trade rules to define the low-cost tax evasion of e-commerce platforms and express companies in the process of importation as smuggling and tax fraud.SAT noted that some e-commerce platforms and logistics companies are suspected of evading tariffs and non-compliance with tax regulations, although some logistics companies may be unaware, but are still responsible for tax evasion.

20

06 / 2024

China has launched an anti-dumping investigation into EU pork, and a trade conflict is imminent!

Chinas Ministry of Commerce has launched an anti-dumping investigation into EU pork and pork by-products, with tensions in Spain, France and Denmark responding, and global trade tensions escalating.

18

06 / 2024

The Panama Canal is facing a water shortage crisis, and the shipping industry has ushered in new challenges!

The Panama Canal is experiencing historic droughts, limited operations and rising shipping costs, while exploring new solutions to cope with the double pressure of climate change and population growth.

17

06 / 2024

The global garment industry is in a cold state, and the decline in demand has caused the market to worry!

In 2024, the global clothing industry slowed down, the imports of major markets dropped, consumer confidence was insufficient, and the industrys prospects changed.

12

06 / 2024

China-Russia trade showed signs of stabilization in May, with imports falling for the first time!

In May 2024, Chinas exports to Russia rose, but imports doubled for the first time, and China-Russia trade faced new challenges and opportunities.

11

06 / 2024

Egypts Suez Canal revenue falls

In May 2024, the revenue of the Suez Canal dropped sharply to $3.37 billion, the Houthis armed attacks caused ships to evacuate, the Egyptian economy shocked, and the BRICS conference sought a solution.