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Tariff Policies Change Rapidly – Pacifinex Keeps You Informed!

The United States has introduced a new tax system for postal parcels. During the transition period, a fixed tariff of $200 per parcel will be imposed on parcels from countries (including China and Canada) where the tariff rate exceeds 25%. After the transition period, it will fully switch to tariff collection based on a proportion of the value. Meanwhile, the U.S. is implementing the U.S.-Japan Agreement, imposing a 15% base tariff on nearly all Japanese goods and refunding the overpaid tariffs from earlier periods. It has also suspended the imposition of secondary tariff sanctions on China to facilitate broader trade negotiations.

 

Mexico has urgently suspended the duty-free import of 270 categories of goods, 255 of which are finished shoes. Goods in transit must pay a supplementary tariff of at least 25% to protect the domestic shoe industry. Italy’s new regulations for photovoltaic tenders explicitly exclude Chinese-made photovoltaic modules, cells, and inverters, aiming to promote EU-produced products. Additionally, a U.S. appellate court has ruled that Trump’s tariff policy is unlawful; the government has appealed to the Supreme Court, and the tariffs remain temporarily in effect for now.

 

India has proposed reducing tariffs on U.S. goods to zero to ease trade relations, but the proposal was rejected by the U.S. The United States is attempting to persuade Europe to impose an additional 25% tariff on India to pressure it into reducing purchases of Russian oil.