CNNews
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Attention! Recent Major Developments in Foreign Trade — The Philippines
The Era of E-commerce Taxation is Officially Beginning According to comprehensive reports from Philippine media on July 10, Philippine legislators have recently passed a bill to impose Value-Added Tax (VAT) on foreign digital service providers. This bill requires all non-resident digital service ...Read more -
Attention! Recent Major Foreign Trade Event – USA
Plan to Release Proposed Regulations for Chinese Connected Cars in August According to a Reuters report on the 16th, on Tuesday local time, Alan Estevez, the U.S. Under Secretary of Commerce for Industry and Security, mentioned at a forum in Colorado that the department plans to release proposed ...Read more -
Attention! Recent Major Events in China’s Foreign Trade
Many Provinces and Cities Achieve Record High Foreign Trade in the First Half of the Year Recently, customs authorities across the country have released regional foreign trade data. In the first half of this year, multiple regions and provinces in China have achieved historical highs for the same...Read more -
Chinese Electric Vehicles Face Adjustments in Overseas Expansion
The competition in China’s electric vehicle (EV) market is fierce, with many brands actively seeking to expand into overseas markets. According to Bloomberg, there are 129 EV brands in China, but only 20 of them hold a market share of 1% or more. However, Chinese EV brands are encountering ...Read more -
Big news! Cancel additional tariffs on China!
According to Bloomberg, citing senior Turkish officials, BYD will announce a $1 billion investment in Turkey at a ceremony on Monday. The official said that the (government) negotiations with BYD have been finalized and the company will build its second (European) factory in Turkey after announci...Read more -
The highest tariff is 100%! This popular export product is blocked in Türkiye
On June 8, Turkey announced the release of Presidential Decree No. 8639, stipulating that an additional 40% import tariff will be imposed on fuel and hybrid passenger cars originating from China and under the customs code 8703, and will be implemented 30 days after the release date. According to ...Read more -
The highest tariff is 100%! This popular export product is blocked in Canada
Following the United States and the European Union’s tariff sanctions on China’s electric vehicle exports, the Canadian government is also preparing to impose new tariffs on Chinese-made electric vehicles in order to align its actions with the United States and the European Union. Peo...Read more -
The highest tariff is 100%! This hot export product is blocked in the United States!
In early October last year, the European Commission officially launched an anti-subsidy investigation on Chinese electric vehicles. On June 12, the European Commission released the preliminary results of the anti-subsidy investigation on Chinese electric vehicles, and plans to impose a temporary ...Read more -
The highest tariff is 100%! This hot export product is blocked in the United States!
Last year, China’s automobile exports crossed two million levels (from 3 million to 5 million), ranking first in the world for the first time, reaching 5.221 million, an increase of 57.4% year-on-year. Among them, new energy vehicles, as an important growth pole, will reach 1.773 million in...Read more -
The General Administration of Customs issued Announcement No. 66-67 of 2024 – Announcement on the integration and optimization of processing trade accounts
In order to further improve the level of customs supervision and service for processing trade, simplify the management model and reduce management costs, the General Administration of Customs has decided to carry out the integration and optimization of processing trade account books, integrating ...Read more -
Vietnam’s raw material imports surge in May 2024
In May 2024, Vietnam’s trade in goods returned to a deficit, of which 88.8% were key raw materials for service production and operation. Experts believe that this is a positive signal that production and operation are gradually recovering, and they are full of expectations for industrial gr...Read more -
Australia’s wine exports to China surge in April
Australian Trade Minister Farrell said that within a month after Beijing lifted tariffs, Australian wine merchants exported A$86 million (S$76.99 million) worth of wine to China, and said local wine merchants should be confident about future sales. Since former Australian Prime Minister Morrison ...Read more