In mid-to-late November, the global trade environment continued to tighten. Under the “reciprocal tariff” mechanism, the United States implemented phased exemptions for some agricultural products but maintained a general high-tariff structure on Chinese goods overall. Meanwhile, it extended the Section 301 tariff exclusions for certain industrial and medical products by one year, covering 164 categories including electric motors, medical devices, and auto parts.

In Southeast Asia, Vietnam did not announce new tariff adjustments, but rules of origin verification has notably intensified, elevating compliance pressures for exporters. On November 15th, Thailand’s Ministry of Commerce introduced new rules on origin certification and anti-counterfeiting, cracking down hard on origin fraud and proxy holding for tax evasion practices—with a particularly direct impact on exports to the United States. During the same period, Mexico experienced port operations and customs clearance disruptions due to nationwide transportation blockades, exacerbating supply chain volatility.

Overall, the superimposition of tariff, compliance, and logistics risks has led to a comprehensive increase in pressure on foreign trade enterprises. All freight forwarders and shippers must verify origin documents and commodity classification in advance, and closely monitor changes in shipping routes and customs clearance processes.