Views: 0 Author: Site Editor Publish Time: 2025-07-22 Origin: Site
New foreign trade regulations in June China waives visas for many countries
To further facilitate the exchanges between Chinese and foreigners, China has decided to expand the scope of visa-free countries, and from June 1, 2025 to May 31, 2026, it will implement the visa-free policy on a trial basis for holders of ordinary passports from Brazil, Argentina, Chile, Peru and Uruguay.
U.S. 50% tariffs on EU delayed until July 9
On May 25 local time, Trump said he agreed to delay the start of 50 percent tariffs on EU goods from the original June 1 to July 9 after a call with European Commission President Von der Leyen.
Chinese firms get cushion as two EU battery bill issues are postponed
Due to the adjustment of the global raw material supply chain, the third-party investigation organization is insufficient, the EU is planned to be implemented in August this year, the battery supply chain due diligence is proposed to be postponed for two years; originally planned to be implemented in February this year, the enterprise to submit a carbon footprint report is also due to the details have not been introduced and postponed, China's lithium battery enterprise exports to Europe to get a buffer time.
U.S. imposes tariffs of up to 3,521% on solar equipment from four Southeast Asian countries
Based on actual tariffs calculated by the U.S. Commerce Department last month, some Cambodian manufacturers would face rates as high as 3,521 percent, reflecting the impact of the country's decision to stop cooperating with the U.S. investigation. Other countries and companies have much lower tax rates. Vietnam's average tax rate is at 396 percent, Thailand's is 375 percent and Malaysia's is 34 percent.
India imposes import restrictions on some Bangladeshi goods including readymade garments, processed foods
India's Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, issued a notification on May 17, imposing port restrictions on certain goods (readymade garments, processed food products, etc.) imported from Bangladesh to India. The measure does not apply to Bangladeshi goods transiting India and destined for Nepal and Bhutan.
Iran raises import tariffs on basic commodities, medicines and milk powder to 1 percent
IRNA reported on May 19 that in accordance with the country's budget bill for the year 1404 (March 31, 2025-March 20, 2026), Iran's First Vice President Mohammad Reza Arif approved the relevant Cabinet decree to raise import tariffs on basic commodities, medicines, and powdered milk to 1% for basic commodities including wheat, rice, sugar, oilseeds, corn, soybean meal, barley, chickpeas, soybeans lentils, beef, mutton and chicken.
Saudi Energy Efficiency SASO 2902 Certificate Change Requirements and Deadlines
The Saudi Arabian Standards, Metrology and Quality Organization SASO's new standard SASO 2902:2018/AMD2:2023 for lamps and luminaires is mandatory for March 31, 2025, and will be mandatory for customs ports and factories for June 1, 2025, and for products sold in the local market and stocked in the local market for June 1, 2026, and the related changes and upgrades for the newly added compliant products and exempted products will be closed on May 31, 2025, and SASO will cancel all the energy efficiency certificates and labels (including exempted products) that do not meet the requirements. And the related changes to upgrade the energy efficiency labels for the new compliant products and exempted products will be closed on May 31, 2025.SASO will cancel all energy efficiency certificates and labels (including exempted certificates) that do not comply with the new standard at that time, and the issuance of IECEE certificates will be suspended.
Brazil extends and expands steel import quota measures
The Brazilian government announced on May 27 that the Brazilian Foreign Trade Commission decided to extend the steel import quota measure for one year, with the duty rate within the quota remaining at 9% to 16%, and 25% tariffs levied in excess of the quota. At the same time, the import quota list added four new products, restricted varieties from 19 to 23 kinds.
Argentina Announces Elimination of Import Tariffs on Cell Phones
The Argentine government has confirmed that it will fully eliminate import tariffs on cell phones. According to presidential spokesman Adoni, the measure will be carried out in two phases and will culminate in January 15, 2026, when it will be officially completed. It was also stated that “the domestic tax on imported cell phones, TVs and air conditioners will be reduced from 19% to 9.5%, and from 9.5% to zero for the aforementioned products produced in Tierra del Fuego.”
Bolivia regulates imports of new energy vehicles
The Government of Bolivia announced changes to its automobile import policy to combat “micro-hybrid” vehicles that fail technical standards and to expand import incentives for biofuel-capable vehicle models (FlexFuel). Finance Minister Monte Negro said that some importers were passing off gasoline vehicles with small electric starters as hybrids, and that at least 259 vehicles had been identified. Supreme Decree No. 5142 was amended to impose a 10 percent customs duty, 5 percent excise tax (for older vehicles) and 15 percent excise tax (for vehicles used for more than one year) on such vehicles.
Zimbabwe restricts some steel imports to support local manufacturing
The Ministry of Commerce and Industry of Zimbabwe has recently issued the Commodity Control (Opening of General Import Licenses) Notice (Revised), which requires a license to be applied for prior to the importation of the specific steel products in question. Previously, the steel products in question could be imported freely.
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