Many countries have imposed tariffs! (Including Mexico, Saudi Arabia, Vietnam, Malaysia, Indonesia, Thailand)
Date：2025-01-03 08:43:00 View：
Many countries have recently implemented a series of measures to impose tariffs or strengthen tax supervision on Chinese products. The details are as follows:
1. The United States imposes high tariffs on America
The Office of the United States Trade Representative announced that from January 1, 2025, it will impose high tariffs on solar silicon wafers, polysilicon and some tungsten products imported from China.
Among them, the tariff rate of solar wafers and polysilicon will be as high as 50%, and the tariff rate of some tungsten products will be 25%.
2. The European Union considers a tax on e-commerce platforms
The EU is planning new measures against cross-border e-commerce platforms such as Temu and SHEIN, including a new tax on their revenues and an administrative processing fee on each item. In addition, the EU is also considering removing the 150 euro tariff exemption threshold to protect local companies and retailers from cheap imports.
3. Mexico imposes value-added tax on foreign e-commerce platforms
Mexico's National Tax Administration announced that starting January 1, 2025, it will impose a 16 percent value-added tax (VAT) on all foreign businesses selling goods through e-commerce platforms.
The policy aims to increase government tax revenue and strengthen tax supervision of foreign e-commerce platforms. At the same time, Mexico also cancelled the VAT exemption policy for goods under $50 on e-commerce platforms.
4. Saudi Arabia imposes anti-dumping duties
Saudi Arabia has announced that from December 3, 2024, final anti-dumping duties of 18.12% to 34% will be imposed on imports of sulfonated naphthalene formaldehyde (SNF) originating in or exported to China and Russia. The move, which will last for five years, poses a challenge to relevant export companies in both countries.
5. Vietnam abolishes duty-free privileges
The Vietnamese parliament passed an amendment to the tax law, which decided to abolish the duty-free policy for low-cost imports from July 1, 2025, and raise the new value-added tax rate from 8% to 10%. In addition, from next year, cross-border e-commerce platforms must withhold taxes for sellers and report the amount of tax withheld.
6. Malaysia refused to re-export Chinese products to Malaysia
Malaysia's deputy Minister of Investment, Trade and Industry, Lau Chin Tung, warned Chinese companies not to use Malaysia as a transit point to evade US tariffs. This statement shows Malaysia's strict regulatory attitude towards re-export trade.
7. Thailand, Indonesia strictly inspect Chinese imports Thailand Indonesia
Thailand's Ministry of Finance announced that it will implement 100 percent checks on imports from China, including import documents and price information, to create a fair market environment and protect the rights and interests of businesses and consumers.
At the same time, the Indonesian police, in cooperation with the Ministry of Trade, seized a shipment of illegal Chinese ceramics and tableware worth about $618,000 due to the lack of import documents, import procedures and standard labels.
