Why Authorized Economic Operator (AEO) Is Increasingly Important to Enterprises in China

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On January 1, 2022, the Regional Comprehensive Economic Partnership (RCEP) came into force. RCEP members have a total population of 2.27 billion, a Gross Domestic Product (GDP) of 26 trillion US dollars, and a total export value of 5.2 trillion US dollars, accounting for about 30% of the global economy. After RCEP takes effect, more than 90% of the trade in goods among RCEP members will finally achieve 0% tariff.

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Topics: China, AEO

CBSA Issues Upholstered Domestic Seating Dumping and Subsidizing Determination

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The cost of importing upholstered domestic seating just increased significantly with provisional tariffs of up to 295.5%.

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Topics: Tradewin, Canada, China, Customs, CBSA, Vietnam

How China Is Improving the Speed to Market with the Two-Step Declaration Program

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According to Announcement of GACC [2019] No.127, to promote trade facilitation, China Customs decided to implement a “two-step declaration” pilot program in some Customs houses under Manzhouli Customs, Hangzhou Customs, Ningbo Customs, Qingdao Customs, Shenzhen Customs, and Huangpu Customs since Aug. 24th.

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Topics: China

New Tariff on Chinese Goods Takes Effect September 1st

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President Trump made the surprise announcement yesterday following trade talks in Shanghai this week that he will go forward with a 10% additional tariff on List 4, otherwise known as the remaining $300 Billion in Chinese goods that are not already being hit with an additional tariff.

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Topics: China

Trade Compliance of Visual Merchandise Slips under the Radar

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For most retailers, the focus on trade compliance is usually on store merchandise. Most overlook the fact that the compliance of visual merchandise (furniture, lighting, store décor, etc.) is just as important if they are imported from overseas and the company/brand acts as the importer-of-record to those goods.

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Topics: United States, China

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