Foreign trade industry news-August 2nd

August 01, 2025

USD/CNY exchange rate: 7.2011

① Trump re-initiates tariffs on cross-border e-commerce, effective August 29th

② The United States will impose a 50% tariff on imported copper semi-finished products and high-copper-content derivatives starting August 1st

③ Trump announces a 25% tariff and other penalties on Indian imports starting August 1st

④ India becomes the largest source of smartphones for the United States for the first time

⑤ China Council for the Promotion of International Trade: We will continue to encourage businesses to "go global" and promote the achievement of annual foreign trade targets

⑥ China-Benin customs mutual recognition of Authorized Economic Operators (AEO) takes effect August 1st

⑦ The European Union implements dealer guidelines for new energy vehicle labeling for smartphones and tablets

⑧ Australia includes dishwashers in mandatory minimum water efficiency regulations for the first time

⑨ Brazil exempts imported auto parts for which domestic production is unavailable

⑩ FedEx adjusts its parcel volumetric weight calculation method, increasing import handling fees


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