Category: import
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US Postal Service restarts China deliveries as Trump tightens import tax rules
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US Post Service (USPS) has resumed acceptance of parcels from the mainland of China and Hong Kong, reflecting a brief comment that led to new trade measures presented by President Donald Trump. This step follows a major shift in import duties in America, where the White House canceled the exemption…
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Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs
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This article is also available in Spanish. Bitcoin (BTC) enjoyed a summary of relief yesterday, as the United States launched 25 % commercial tariffs on Mexico and Canada for a month. However, the United States continued a 10 % tariff for China, prompting reprisal measures from Beijing. The escalation has…
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US lawmakers call to add China’s CATL, Gotion to import ban list, WSJ reports By Reuters
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(Reuters) – A group of Republican lawmakers said Chinese battery companies CATL and Gotion High Tech should immediately be added to a U.S. import ban list, alleging their supply chains use forced labor, the Wall Street Journal reported. Lawmakers called for CATL and Gotion, which have ties to Ford (NYSE:)…
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Brexit Border IT Outages Delay Import of Perishable Items to UK by Up to 20 Hours
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Trucks carrying perishable goods such as meat, cheese and fresh cut flowers from the European Union are facing delays of up to 20 hours at the UK’s busiest Brexit border posts due to a failure in government IT systems. These delays have led to significant disruptions, reducing the shelf life…
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Brexit Checks Could Inflate UK Food Import Costs by Up to 60%, Warn Importers
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UK food importers are sounding the alarm over post-Brexit checks, warning of potential cost increases of up to 60%, which could lead to higher prices for consumers and pose existential threats to some businesses. After five previous delays, the UK government implemented physical checks on animal and plant products coming…