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Effective November 10! U.S. lowers tariffs on China—details released!
The economic and trade teams of China and the U.S. reached several important consensus outcomes during their consultations in Kuala Lumpur. So, according to this consensus, how exactly will tariffs between the two countries be adjusted going forward?
Due to the upcoming National Games, the Guangzhou Maritime Bureau will implement special safety supervision for vessels entering Guangzhou, from November 5 to November 21, 2025. This initiative primarily focuses on regulating navigation, anchoring, and operations of ships within designated control areas. Here are the specific requirements:
Big news! U.S. Senate: End Trump’s Comprehensive Tariff Policy!
On October 30, local time, the U.S. political arena fired a "trade blockbuster"—the Senate narrowly passed a resolution by a vote of 51 to 47, ending the sweeping tariff policies implemented globally under former President Trump. This marks the first significant reversal at the congressional level of the years-long "tariff stick" approach.
Sino-U.S. trade temporarily stabilized! The 24% reciprocal tariffs have been extended for another year. The 20% fentanyl tax has been reduced to 10%. Shipping fees are postponed by one year. Sino-U.S. trade is set to remain stable and continue growing rapidly over the next year.
Must-save guide for international traders: Which are the world's major gateway ports?
In international maritime transport, a "basic port" refers to a key hub port in a country or region—similar to a major transit station in railway transportation. Ships typically call at these ports, which boast advanced infrastructure, well-developed container handling facilities, and a high concentration of supporting service providers (such as freight forwarders, customs brokers, and trucking companies). As a result, these ports feature frequent vessel schedules, substantial and stable cargo volumes.
Recently, the Ministry of Commerce and the General Administration of Customs jointly issued several documents imposing export controls on rare earths and related equipment and technologies, ultra-hard materials, lithium batteries, and associated materials. Meanwhile, the Ministry of Transport, with approval from the State Council, announced robust countermeasures—including the imposition of special port charges on U.S.-flagged vessels.
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