Foreign trade industry news-August 20

August 20, 2025

USD/CNY exchange rate: 7.1807

① The offshore RMB exchange rate against the USD has risen by over 2% this year, and the RMB exchange rate is expected to maintain a two-way fluctuation pattern.

② China has filed a complaint with Canada at the WTO regarding its import restrictions on steel and other products.

③ The US expanded its steel and aluminum tariff list to take effect on the 18th.

④ New US Customs regulations have been upgraded, involving full container load inspections.

⑤ Shenzhen's foreign trade remains resilient, ranking first among mainland China's foreign trade cities in terms of volume in the first seven months.

⑥ Pakistan imposes an 18% sales tax on imported cotton fiber, yarn, and grey fabric.

⑦ Saudi Arabia permanently halts imports of vehicles from countries that do not meet the safety standards of Saudi Arabia and other Gulf countries.

⑧ Australia implements mandatory safety standards for electric micro-mobility equipment.

⑨ South Korea issues supplementary energy efficiency regulations; home appliances will comply with the new standards starting in November.

⑩ Uruguay implements new lighting efficiency regulations, incorporating LED and incandescent lamps into the national energy efficiency labeling system.


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