The US Department of Homeland Security announced stricter inspections of low - value packages, affecting Chinese e - commerce giants Temu and Shein. This move aims to crack down on small - value exemption shipments, may change the export strategies of e - commerce platforms, and at the same time trigger a review of global e - commerce tax policies.
enterprises can smoothly enter the Thai market and lay a solid foundation for the expansion of international business. I hope this article will be helpful to your export plan.
In March 2024, South Koreas total exports increased by 3% year - on - year, achieving growth for six consecutive months. In particular, the significant growth in semiconductor exports demonstrated South Koreas core position in the global electronics product supply chain. The increase in South Koreas exports to China and the United States, as well as the enhanced competitiveness in the high - tech industry, provided a positive example for the global economic recovery.
The EU has adopted a new directive to ban environmental claims based on carbon offsets to prevent misleading publicity, and plans to ban the use of some plastic packaging from 2030 to reduce plastic pollution and promote sustainable development.
The growth of beverage exports in 2023 is attributed to many factors. First of all, South Korean beverage companies are constantly innovating and launching new products that meet the tastes and health trends of international consumers. For example, low - sugar, sugar - free beverages and functional beverages have been widely welcomed. Secondly, the global influence of the Korean Wave culture has also added impetus to the promotion of South Korean beverage products. Especially the love of young consumers for South Korean cultural products has further promoted the growth of beverage exports. In addition, the South Korean government and industry associations actively expand overseas markets by participating in international food and beverage exhibitions and strengthening cooperation with foreign buyers.
The global retail industry was hit hard in 2023. Many well - known retail brands such as The Body Shop, Superdry, Wilko, Joann Stores, and Bad Boy faced bankruptcy or restructuring. High inflation, a decline in consumer purchasing power, and changes in online shopping habits are the main reasons. Foreign trade enterprises need to be vigilant against business risks.
China has decided to revoke the anti - dumping and counter - vailing duties imposed on imported Australian wine, bringing a major turning point for the Australian wine industry. It is expected to relieve the inventory pressure and return to the important global market of China.
The WTO announced that Australias anti - dumping measures against Chinese products violate WTO rules and requires the Australian government to modify or revoke these measures. This ruling emphasizes the importance of the principle of fair competition in international trade, and Australia has begun to adjust its trade policies.
The EU Agriculture Commissioner revealed that in 2023, the trade volume of agricultural products between the EU and Russia increased significantly. Although the EU imposed some tariffs on Russian agricultural imports to slow down the import speed, the total trade volume did not change much, reflecting the principle of mutual benefit and win - win results in bilateral trade.
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