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Tariff Policies Change Rapidly – Pacifinex Keeps You Informed!

Over the past week, multiple countries have rolled out new trade measures.

 

In the U.S., Trump announced via social media that it will immediately impose 100% punitive tariffs on imports from European countries that levy digital services taxes on American tech firms, stating the measure takes precedence over existing U.S.-EU trade agreements, escalating trade frictions.

 

China’s Ministry of Commerce issued a preliminary anti-dumping ruling on unmodified pea starch from Canada, imposing a 73.5% provisional anti-dumping deposit on products under HS code 11081900 starting July 1.

 

Meanwhile, the EU has eliminated tariff exemptions for inbound parcels under €150 as of July 1, requiring all low-value shipments from non-EU regions to pay duties, further raising logistics costs for cross-border e-commerce sellers.

 

Foreign trade enterprises are advised to closely monitor policy updates, conduct cost calculations in advance, and prepare for compliance to mitigate trade risks.