In the global trade environment, changes in tariff policies have a profound impact on the operation and development of enterprises. Recently, the Tariff Commission of the State Council issued the 11th Extension List of Goods Subject to Additional Tariffs on the United States. How this policy change will affect Chinese enterprises is worthy of our in - depth exploration.
91 member states of the World Trade Organization reached a preliminary agreement to permanently ban the taxation of cross - border digital transactions, marking an important step in the adaptation of global trade rules to the digital age.
Facing potential trade protectionism under a possible Trump re-election, the EU is planning a carrot-and-stick strategy, preparing negotiation and self-defense measures to safeguard its economic interests.
The Red Sea crisis and tariff uncertainties have led to an early peak season at U.S. West Coast ports, with rising freight costs. Importers and retail association members are considering stockpiling goods to prepare for potential tariff changes.
In the first half of 2024, Russias natural gas production and exports showed significant growth, demonstrating its resilience and adaptability in the global energy market despite Western sanctions.
The State Council Information Office held a regular policy briefing on April 28, 2022, to introduce measures on further increasing export tax rebate support and helping enterprises overcome difficulties to stabilize foreign trade. Stay tuned!
The U.S. faces the challenge of reducing dependence on China for critical minerals, needing to balance economic stability, decarbonization goals, and supply chain security. Its policies and international cooperation have drawn global attention.
A Russian Foreign Ministry spokesperson noted Japan faces an economic crisis due to sanctions against Russia, emphasizing Japans US-dependent foreign policy has led to China replacing its position in the Russian market.
In 2024, Chinas yarn and fabric exports maintained growth under international political and economic pressures, with strong performance in the ASEAN market, while markets in South Asia, the Middle East, North America, and Europe faced challenges.
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PSB Record: Shanghai No.31011502009912
