Vaping Duty 2026: What Importers Must Know Now
From 1 January 2026, the UK will introduce a Vaping Products Duty – a major shift in how vape-related goods are taxed and regulated. This upcoming excise duty will impact importers, distributors, wholesalers, and manufacturers across the vaping supply chain. Whether you handle nicotine-containing or nicotine-free products, preparation is crucial. Failure to comply may lead […]
The Future of Cross-Border E-Commerce Logistics: Bonded, Digital, and Return-Ready
A new report by Ti Insight, featured in Parcel and Postal Technology International, projects that the global e-commerce logistics and e-fulfilment market will grow by 15.5% in 2025, despite upcoming policy shifts such as President Trump’s proposed removal of de minimis thresholds and rising tariffs on imports. The report shows the market rebounding strongly after […]
Navigating EU & UK Inbound Shipments: How NGT Helps You Stay Ahead in a Changing Trade Environment
As trade relations between the UK and the EU begin to thaw, businesses reliant on cross-border supply chains should pay close attention. In recent weeks, two major developments have signalled a potential shift in how goods move between the UK and the EU: Andrew Bailey, Governor of the Bank of England, publicly called for a […]
Temporary Ceasefire in the U.S.–China Trade War
Today marks a significant shift, again, in global trade dynamics. The US and China have agreed to a temporary 90-day reduction in reciprocal tariffs—U.S. tariffs on Chinese imports will decrease from 145% to 30%, while China will lower tariffs on U.S. goods from 125% to 10% . (Sources from: https://lnkd.in/ea88B5e5) What does this mean for businesses? Supply […]
Major Changes to De Minimis Rules – Is Your Business Prepared?
Major Changes to De Minimis Rules – Is Your Business Prepared? Starting 2 May 2025, the US will remove De Minimis exemptions on imports from China and Hong Kong: 🔹 Commercial imports face up to 125% tariff surcharges 🔹 Postal shipments will incur a $75 flat fee per item, rising to $150 by 1 June […]
📢 Important ICS2 Update: Road & Rail Transport to the EU from 1 April 2025
From 1 April 2025, the European Commission will extend the Import Control System 2 (ICS2) requirements to include Entry Summary Declarations (ENS) for all rail and road shipments into the EU. This means businesses will need to submit information to customs authorities before goods arrive at EU borders. What does this mean for you? To […]
🌏 How Southeast Asia is Adapting to Trump’s Tariffs – What It Means for Your Logistics 🌏
With Trump’s tariffs on China shaking up global trade, Southeast Asia is stepping up. Recent articles from the Council on Foreign Relations and East Asia Forum highlight how ASEAN nations are finding new ways to keep their economies steady and create fresh opportunities. What’s Going On? 🔸 Shifting Trade Routes: To reduce reliance on China, […]
🌏 Zero Tariffs on 297 Goods at Hainan Free Trade Port – What Does It Mean for Your Business?
China has just added 297 goods to the list of items eligible for zero tariffs at the Hainan Free Trade Port. This move is set to make importing to China more affordable, benefiting industries like electronics, healthcare, and consumer products. Read more here: https://lnkd.in/eaHGgSFD What’s the impact? 📈 More Opportunities: Businesses in Asia and beyond […]
New US Tariffs – What Could This Mean for Global Trade?
The US has announced new tariffs—10% on imports from China and 25% on imports from Canada and Mexico. While it’s still early to fully understand the impact, businesses involved in international trade may face rising costs, potential supply chain disruptions, and evolving trade rules. Read more: https://lnkd.in/eMxCXbW9 💡 Why Does This Matter? The US decision […]
🚨 Important Update: Changes to Alcohol Duty Processes from March 2025 🚨
HM Revenue & Customs has announced changes to the alcohol duty system aimed at improving compliance and efficiency: 1️⃣ Alcohol Duty Online Service From 1 hashtag#March 2025, businesses will need to submit alcohol duty returns and payments via a new online platform. This system is designed to streamline processes and simplify compliance. Learn more here: […]