Trump Plans to Dissolve USPS Leadership and Integrate Agency into His Administration
Recently, The Washington Post reported that President Trump is preparing to dissolve the leadership of the United States Postal Service (USPS) and plans to integrate this independent postal agency into his government structure. According to six informed sources, Trump is expected to issue an executive order as early as this week to dismiss members of […]
Maersk “Saltoro” Container Ship Faces Setbacks After Arrival in Nansha Port
Recently, the Maersk container ship “Saltoro” arrived at Nansha Port in China on February 17, after a lengthy 52-day voyage. However, this vessel, which was carrying 1,353 containers of approximately 25,000 tons of Chilean fruit (primarily cherries, nectarines, and blueberries), encountered a series of setbacks. These fruits were originally intended to hit the market before […]
Free Time at Destination Port: Free Time for Containers & Free Storage Period
Free Time at Destination Port can be subdivided into: Free Demurrage: This refers to the free usage period for containers at the terminal after they arrive at the port. Free Detention: This refers to the free usage period for containers after they have been removed from the terminal. Free Storage: This refers to the free storage time allowed […]
India and the U.S. Consider Higher Tariffs on Chinese Steel: Trade Barriers Continue to Rise
According to a Reuters report on February 12, India’s Minister of Steel, H.D. Kumaraswamy, stated that due to the “severe challenges” posed by Chinese steel imports to domestic producers, India may impose a temporary tariff of 15% to 25% on Chinese steel products within the next six months. In an interview with Reuters on February […]
Trump’s Tariff Shake-Up: Coca-Cola and U.S. Industries Brace for Impact
On the 10th, U.S. President Donald Trump announced a 25% tariff on all imported steel and aluminum while canceling tariff exemptions and quota waivers for certain trade partners. This decision has sparked strong opposition from the international community. In addition to global criticism, the 25% tariff on imported steel and aluminum has also triggered a […]
Trump Temporarily Reinstates the “$800 Duty-Free” Policy for Imports
According to a report by Reuters, U.S. President Donald Trump announced on Friday his decision to reinstate the “de minimis” exemption for Chinese small parcels valued under $800. This move aims to provide the U.S. Department of Commerce with sufficient time to ensure the smooth implementation of the policy. The sudden policy shift had previously […]
U.S. Government Ships Allegedly Granted Free Passage Through the Panama Canal—But Panama Denies It
On Wednesday (5th), the U.S. State Department announced that U.S. government vessels can now pass through the Panama Canal free of charge. In a post on social media platform X, the U.S. State Department stated that the Panamanian government had agreed to waive transit fees for U.S. government ships, a decision that is expected to […]
Understanding “Shipping Marks” in International Trade
1. What Are “Shipping Marks”? In international trade, the term “shipping mark” is commonly pronounced as “mài tóu” or “mà tóu” in Chinese, both derived from the English word “MARK.” As an essential transportation mark, shipping marks play a crucial role in foreign trade. The term “No Mark” is often abbreviated as “N/M” in practical […]
USPS Swiftly Resumes Mail Services from China and Hong Kong Amid Trade Policy Shifts
On Wednesday, February 5, the United States Postal Service (USPS) announced the resumption of inbound mail and package acceptance from mainland China and Hong Kong. This decision came just a day after the agency had announced the suspension of these services on Tuesday evening, February 4. In a notice published on its website, USPS explained […]
Key Differences Between FOB and EXW in International Trade
FOB (Free On Board) and EXW (Ex Works) are common trade terms in international commerce. Below are their definitions and differences: 1. Definitions FOB (Free On Board): Also known as “Free On Board Price,” FOB indicates that the seller fulfills their delivery obligations once the goods are loaded onto the ship at the designated port […]
