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Starting February 24, China's export tariffs to the U.S. will be reduced from 20% to 10%.
According to the latest information from Huijetong: At 08:32 a.m. Beijing time today (February 24) and at 07:32 p.m. Eastern Time on the evening of February 23, the U.S. Customs and Border Protection (CBP) issued a new announcement numbered CSMS #67844987!
For the first time, the foreign trade logistics process is explained so clearly!
For the first time, the foreign trade logistics process is explained so clearly!
From the beginning of the year, the global container shipping market has shown a significant deterioration in its fundamentals, forcing shipping companies to strengthen their capacity management strategies. Imbalanced demand, downward pressure on freight rates, and high operational uncertainty have collectively led to a sharp increase in blank sailings—particularly on key east-west trade routes.
The year's traffic congestion at the dock is concentrated in these few days.
The automobile tariff rate has been reduced from 110% to a minimum of 10%. The wine tariff has been reduced from 150% to a minimum of 20%.
The congestion at Semarang Port is the most severe.
Right at the start of 2026, the global situation has been thrown into utter chaos by the United States’ hegemonic maneuvers. On one side, the tariff club is ramping up aggressively—from five categories of products targeted at China to U.S. NATO allies in Europe, from industrial goods to pharmaceutical excipients—pushing tariffs straight to their maximum levels—reaching as high as 1,069.27%. Additional tariffs of 100% and 50% have become the norm, leaving even small cross-border parcels unable to escape the crackdown. On the other side, there’s an even more brazen declaration: At a White House press conference, Trump openly announced that his newly formed “Peace Commission” could potentially replace the United Nations.
There’s a good reason why customs has been stepping up inspections recently.
Latest update: Yesterday (January 13), the Ministry of Commerce of China issued Announcement No. 3 of 2026, announcing that, effective January 14, 2026, anti-dumping duties will continue to be imposed on imported solar-grade polysilicon originating from the United States and South Korea for a period of five years.
Latest update: According to the latest requirements of the revised provisions of the International Maritime Organization’s International Convention for the Safety of Life at Sea (SOLAS), container liner shipping companies will be mandated to report lost containers at sea starting January 1, 2026.