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Tariff Policies Change Rapidly – Pacifinex Keeps You Informed!

Last week, numerous countries adjusted their tariff and trade policies. The United States announced that it would impose additional port fees on ships from China starting October 14, and plans to expand the list of products subject to a 25% tariff, covering steel, aluminum, and auto parts.
The U.S.-Japan trade agreement officially entered into force, with the launch of a tariff refund channel. Mexico imposed tariffs ranging from 10% to 50% on 1,371 tariff-line products imported from countries with which it has no free trade agreement, including China. Former U.S. President Trump called on NATO to impose high tariffs on China.
The European Union initiated an anti-dumping investigation into PET spunbond non-woven fabrics originating from China. Meanwhile, Poland interrupted China-Europe Railway Express services, resulting in cargo detention.
During the same period, the United States and China held negotiations regarding TikTok, and the U.S. and India resumed trade consultations. Overall, the global trade environment continues to fluctuate, with supply chain risks further intensifying.