Turkey announces presidential decree implementing tariff incentives for automotive imports, aiming to attract foreign investment especially from Chinese automakers for local production.
The Indonesian governments plan to impose tariffs of up to 200% on imported goods has drawn attention. Officials clarified that the move aims to protect domestic industries and is not targeted at specific countries, emphasizing the importance of China-Indonesia strategic cooperation.
Starting from July 5, 2024, the EU imposed provisional countervailing duties on Chinese-made electric vehicles, with rates ranging from 17.4% to 37.6%. Germany strongly opposed the measure due to its reliance on the Chinese market, putting China-EU trade relations to the test.
Five major US ports urge the government to revoke the 25% tariff proposal on Chinese cranes, warning of increased costs, supply chain tensions, and damage to the economy and environmental sustainability.
In 2024, the Ministry of Economy, Trade and Industry of Japan updated the customs clearance procedures of the Chemical Substances Control Law, simplified the procedures for substances used in experimental research, unified the terms, updated the declaration template, and provided a detailed interpretation of the customs clearance requirements for chemical substances to help enterprises smoothly export chemical substances.
The Eurasian Economic Union (EAEU) has decided to reduce the import tariff on desiccated coconut to zero, effective until July 31, 2027, aiming to promote regional economic integration, reduce costs for related industries, and enhance market competitiveness.
Why have Chinese automobile exports risen in the global market? Why has Russia become the largest importer? Understand the competitiveness of Chinese automobiles in the global market and the close cooperation in Sino - Russian automobile trade.
Indonesia levies tariffs of up to 200% on imported products such as shoes and clothing. How will this affect the domestic industry and international trade? Understand Indonesias new tariff policy and its far - reaching impact.
What are the far-reaching impacts of the U.S. anti-dumping and countervailing investigations on Chinese vanillin? How will this move reshape the vanillin market landscape between China and the U.S.? Understand the investigation background, procedures, and potential effects.