In a decisive move, U.S. Trade Representative Katherine Tai announced further actions on China tariffs following a thorough four-year statutory review. This review assessed the effectiveness of tariffs imposed under Section 301 of the Trade Act of 1974, aimed at countering unfair trade practices by China, particularly in the realm of technology transfer and intellectual property. Key Outcomes of the Review: Effectiveness of Tariffs: The … Read More
How to Be Prepared for Chinese Golden Week
As the Chinese Golden Week in February approaches, businesses and supply chain managers around the world brace for the impact of this significant holiday period. With factories closing and the pace of business slowing down in one of the world’s largest manufacturing hubs, preparing effectively is crucial to mitigate disruptions and capitalize on opportunities. Here’s how companies, guided by the expertise of Global Logistical Connections … Read More
A Guide for Shipping Health and Beauty Products
The global health and beauty industry has grown exponentially in recent years. Online sales have accounted for a significant portion of this growth. In 2020, the industry’s value was estimated at $380 billion, and according to a report by Allied Market Research, the global cosmetics industry is forecasted to reach $463.5 billion by 2027. It’s essential to understand the regulations and best practices for shipping … Read More
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