Severe container congestion has hit Shenzhen’s Yantian port. The port is responsible for handling one-third of Guangdong’s foreign trade shipments and one-quarter of China’s exports to the U.S. Yantian port mainly connects China with Europe and the U.S. The port has...
The US has surpassed China and become India’s top trading partner showing greater economic ties between the two countries. According to the commerce ministry, in 2018-19, the bilateral trade between both countries stood at USD 87.95 billion. The data shows that...
How to know if your product is duty-free or has reduced duties under the Miscellaneous Tariff Bill Act of 2018? The Miscellaneous Tariff Bill ACT of 2018 was signed and approved into law on Sept 13th 2018. The purpose of the law is to reduce or suspend duty rates for...