This Wednesday, during the U.S. stock market's morning session, President Donald Trump announced a second wave of tariffs, targeting products from several additional countries. The details are as follows: Philippines: 20% tariff Brunei and Moldova: 25% tariff Algeria, Iraq, Libya, Sri Lanka: 30% tariff Brazil: 50% tariff Market Impact: Brazilian
On July 2, the U.S. Commerce Department sent letters to major ethane producers—Enterprise Products Partners, Energy Transfer, Satellite Chemical USA, and Vinmar International—announcing the rescindment of a restrictive licensing requirement that had previously halted ethane exports to China. What Happened? In late May and early June, the U.S. imposed new export
As the U.S. approaches several critical tariff deadlines this summer — including the July 8–9 suspensions and the August 12 and August 31 China-focused expirations — global traders, manufacturers, and logistics firms are watching developments closely. Let’s look at what might happen next, based on recent news. Recent developments U.S.–China
On the heels of escalating global trade tensions, the U.S. has released new guidance targeting home appliances that contain steel-derived components. This move effectively broadens the scope of tariffs originally imposed on raw steel, now extending them to finished goods such as refrigerators, washing machines, and microwaves. Here’s what this
Exporting baby diapers from China to the United States is a promising business opportunity, but it’s not as simple as shipping general consumer goods. The U.S. has strict safety, labeling, and regulatory requirements for products that come into contact with infants. To ensure smooth customs clearance and avoid legal risks,
China is one of the world’s leading exporters of kitchenware, including kitchen knives. However, exporting knives—especially sharp and potentially dangerous goods—requires strict adherence to international regulations, safety standards, and local customs requirements. This blog provides a detailed overview of how Chinese kitchen knives are safely and legally exported to global
On June 11, China officially unveiled the world's first wind-assisted Aframax product oil tanker, a groundbreaking innovation that signals the shipping industry's gradual shift toward smarter and greener operations. Built by Shanghai Waigaoqiao Shipbuilding under China State Shipbuilding Corporation, this tanker, named BRANDS HATCH, integrates cutting-edge "wind sail" technology into
In April 2025, China’s decision to tighten its grip on rare earth exports sent shockwaves across the global automotive supply chain. With China controlling the majority of the world’s rare earth refining and magnet production, the move immediately triggered concerns among automakers about the security of critical raw materials. But
