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FEDERALIST PAPERS 1787-1788   One national government could have higher duties on imports than separate states or partial confederacies. Until now, I believe duties have averaged about 3%. France they are estimated to be 15% and in Britain the proportion is still greater. This country could triple import duties.   https:/nexussnap.com/minutemen

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It's been almost three and a half years since the Brexit transition period ended, and the UK still hasn't introduced full import controls on goods and services traded between the UK and the EU. In our latest hot topic blog on our website, we examine issues surrounding the EU border and its impact on UK businesses. Read: https://lnkd.in/ggE6sWQi #import #export #euborder #ukbusiness

SAFE Releases Data on International Trade in Goods and Services of China in December 2023 In December 2023, the export and import of China’s international trade in goods and services totalled RMB 4339.1 billion, up 2 percent over the same time last year. Of this, the export of goods recorded RMB 2056.8 billion and the import recorded RMB 1646.8 billion, resulting in a surplus of RMB 409.9 billion. The export of services recorded RMB 228.0 billion and the import recorded RMB 407.6 billion, resulting in a deficit of RMB 179.6 billion. In terms of the major items, the export and import of travel, transport, other business services, telecommunications, computer and information services registered RMB 171.1 billion, RMB 158.8 billion, RMB 122.6 billion and RMB 67.4 billion respectively. #trade #SAFE #data

We have previously provided guidance on ordering goods between China and Ukraine. However, we have prepared five important tips for Ukrainians currently living in the United States who want to establish a business related to cooperation with China. 👇 https://lnkd.in/eDit32tp

Changes in the UK government’s plans to introduce full import controls following Brexit have caused uncertainty for traders and extra costs for government and ports. https://lnkd.in/ehVyCpmR Brexit has changed how goods are traded across the border between the UK and the EU. Government has already brought in some import controls - but it has delayed implementing full controls five times. There is also no date set for when all controls will be in place. The delays have presented challenges: ❓ uncertainty for business 💷 unnecessary government spending ☣️ increased biosecurity risk Government aims to have "the world’s most effective border", underpinned by cutting-edge technology and better data. But the strategy lacks a clear timetable and cross-government coordination. Government should ensure that: 🚛 full import controls are operating as soon as possible 🗓️ longer-term ambitions for the border are realised Watch report senior audit manager, Helen Holden, discuss our findings 👇 Read our report on implementing an effective UK trade border: https://lnkd.in/ehVyCpmR

Interested in how UK border arrangements are developing? My UK National Audit Office colleagues have published a new report on implementing an effective UK trade border. https://lnkd.in/esF9acmp 🚛 UK government has repeatedly changed plans to introduce full import controls after Brexit 💷 £4.7bn+ estimated spend on implementing post EU exit border arrangements and improving border performance 📈 Traders face increasing additional costs and administrative burdens ❓ Unclear when full import controls will be implemented 🗓️ No clear government timetable for achieving ambition to have the “world’s most effective border” Read the report here: The UK border: Implementing an effective trade border - NAO report

In our 7th report on the management of the UK border since 2016, we assess the impact on value for public money and on businesses of the changing rules and arrangements for border controls.

Turkish goods shipped to Israel via Greece despite official ban Turkish goods shipped to Israel via Greece despite official ban Statistics indicate Turkish companies use Greek ports to re-export goods to Israel following Ankara’s decision to halt trade Ragip Soylu Thu, 06/20/2024 - 15:38 The ferry 'Smyrna di Levante' launches the service between Greek port city of Thessaloniki and Turkish town Izmir, in the first direct shipping line between the two countries, on 10 October 2023 (AFP) Trade between Turkey and Israel continues through third countries like Greece, despite Ankara's decision to halt direct trade with Tel Aviv over the Rafah invasion in May, according to data released on Thursday. Figures from Israel’s Central Bureau of Statistics (CBS) reveal that Israel imported $116m worth of goods from Turkey in May, marking a 69 percent decline from the $377m in the same month last year. In contrast, the https://lnkd.in/gd-TCAWb