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Just finalized | China and the U.S. simultaneously suspend port fees for one year, while the U.S. extends its 24% tariff exemption on goods from China for another year!

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.

Breaking news! Trump announces that, starting November 1, tariffs on China will be raised by 100%, hitting all goods!

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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