imports

US container imports down 7.8% in November amid China demand slump, Descartes Systems says 

It is still the fourth-strongest November on record, trailing 2020, 2021 and 2024

Reeves’ actions follow in the footsteps of US President Donald Trump - who scrapped tariff exemptions on imports worth under US$800 in August - and the EU is bringing forward similar plans for imports worth under 150 euros.

UK to levy US$655 million of new tariffs on low-value imports

[LONDON] Britain’s finance ministry said on Friday (Nov 21) that finance minister Rachel Reeves plans to raise around £500 million (US$655 million or S$856 million) a year by removing an exemption fro...

Founder and managing director Javier Yip says Declarators aims to open an academy that offers courses on custom procedures and permit declaration.

From one-man show to S$5 million revenue: Declarators makes a business of customs declarations

The Covid-era e-commerce boom fuelled growth, helping the company more than double its top line

The deficit represented 3.3 per cent of gross domestic product, the smallest share since the third quarter of 2023, down from 5.9 per cent in the January-March quarter.

US current account narrows sharply in Q2

President Donald rump’s tariffs have caused wild swings in goods imports this year

The goods and services trade gap grew nearly 33 per cent from the prior month to US$78.3 billion.

US trade gap widens to largest in four months on import flurry

The value of imports increased 5.9% in July, the most since the start of the year

Indonesia was previously hit with a 32% tariff hike under US President Donald Trump.

Indonesia eases import rules ahead of US tariff deadline

The government plans to relax restrictions on 10 commodities, including forestry products, plastics, fuels and fertilisers

The unchanged reading in import prices last month followed an unrevised 0.1 per cent gain in April.

US import prices unchanged in May

In the 12 months through May, import prices rose 0.2%

In the 12 months through March, the so-called core import prices increased 0.8 per cent.

US import prices unexpectedly rise in April

Import prices gained 0.1% last month after dropping 0.4% in March

Xu Jianwei, a senior economist at Natixis Corporate & Investment Banking, says the spillover effects of the trade shocks could hit China's export sectors, leading to cuts in jobs and wages and weakening the purchasing power of Chinese households.

China’s new growth playbook could go out the window with Trump’s tariffs

Natixis: A four-fifths cut in China exports to the US could axe 6.4 million jobs; Nomura: Beijing’s GDP could hit the low single digits if exports are halved