U.S. Imposes 50% Tariff on Steel-Based Household Appliances Starting June 23
On June 12 (local time), the U.S. Department of Commerce announced a significant tariff increase on various steel-derived household appliances, including dishwashers, washing machines, and refrigerators. A 50% tariff will be imposed on these steel-based products, effective June 23, 2025. This move follows a statement made by former President Donald Trump during a rally in […]
U.S. Federal Court Blocks Trump’s “Liberation Day” Tariff Policy, Citing Presidential Overreach
On May 28 local time, a U.S. federal court halted the implementation of former President Donald Trump’s controversial tariff policy announced on April 2, dubbed “Liberation Day.” The court ruled that Trump had overstepped his authority by imposing blanket tariffs on countries that export more to the United States than they import. The United States […]
Usage Comparison of 40GP and 40HQ Containers
1. Application Scenarios and Suitable Cargo 40GP (General Purpose Container) Suitable Cargo: General dry goods such as machinery, electronics, cotton, and grain. Advantages: Ideal for heavier cargo with smaller volume, such as tiles and stone. Typically used when the cargo gross weight is 22–24 tons. 40HQ (High Cube Container) Suitable Cargo: Light, bulky cargo like […]
Essential Trade Documents Explained: PI, CI, PO & PL
In international trade, documentation forms the backbone of every transaction. These documents connect all key stages of the trade process, serving as crucial references for cargo movement, financial settlement, and responsibility assignment. Today, let’s explore four foundational documents widely used in global trade: PI, CI, PO, and PL. 1️⃣ Proforma Invoice (PI) The Proforma Invoice […]
