02
08 / 2023
In July 2023, many countries, including India, Brazil, Russia, Serbia, the United States, etc., issued new trade restrictions and bans. These policy changes involve rice, gold jewelry, medical marijuana, foods containing trans fat, cocoa, marijuana flowers, fish and seafood, drones, oil, weapons ammunition, quad-chlorethylene and many other commodities. Exporters and importers need to closely...
01
08 / 2023
According to the “three-step” plan of the New Zealand Ministry of Environment’s 2022 Amendment Regulation on Minimizing Waste (Plastics and Related Products) published in November 2022, New Zealand will ban the sale of multiple single-use plastic products nationwide from July 1, 2023.
31
07 / 2023
Recently, some Chinese-owned enterprises have been detained when trading in Thailand due to the fact that the relevant licenses are not handled in advance in accordance with the regulations.In order to prevent commercial losses, it is recommended that enterprises know the relevant regulations through the website of the Thai Customs and other relevant departments before carrying out trade activities.At the same time, not all products are suitable for trading in the transfer, depending on whether the quota, the value of the goods, the anti-dumping tax rate, etc. are required.
28
07 / 2023
Recently, China’s share of U.S. goods imports fell to third place for the first time, surpassed by Mexico and Canada. This situation has been influenced by economic cycles, trade rules and geopolitical factors. While the U.S. side has begun to implement restrictive measures, China is exporting products such as cheap electric cars and smartphones to emerging markets, crushing out expensive Western alternatives.
27
07 / 2023
According to trade statistics released by the Ministry of Finance on July 20, 2023, the Japanese trade deficit reached 6.96 trillion yen in the first half of this year, but the trade surplus reached 43 billion yen in June, the first trade surplus since July 2021.
26
07 / 2023
The Indian government recently announced a ban on the export of rice, with the exception of Indian champagne, to ensure domestic rice supply and mitigate rising prices.India is the world’s largest rice exporter, and the ban would reduce its rice exports by about half, raising concerns that global food prices could rise further.
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