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Swiss Post Suspends Parcel Delivery to the US
Starting from August 26, Swiss Post will suspend the acceptance of postal items destined for the United States, except for express mail (including official documents and certificates) and express courier items. Swiss Post stated that, as the United States will suspend the duty-free treatment for imported parcels valued at $800 or less starting from August 29, all goods shipped to the United States must be transported with duties already paid. Swiss Post made this decision after close consultation with the relevant national authorities. -
Trump Announces Removal of Fed Governor Cook
On August 25 local time, U.S. President Donald Trump publicly released a letter to Federal Reserve Governor Lisa Cook on his social media platform "Truth Social," announcing her immediate dismissal. The letter cites Article II of the U.S. Constitution and relevant provisions of the Federal Reserve Act enacted in 1913, with Trump stating that there is sufficient reason to remove Cook from his position. The letter mentions a criminal referral submitted by the Federal Housing Finance Agency on August 15, alleging that Cook is suspected of making false statements in mortgage documents. -
United States ITC Officially Initiates Section 337 Investigation Into Child Safety Seats for Vehicles
According to the China Trade Remedy Information Network, on August 25, 2025, the United States International Trade Commission (ITC) voted to initiate a Section 337 investigation (Investigation No. 337-TA-1459) concerning certain child car seats.
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Federal Reserve Meeting Minutes: Agree to Keep Interest Rate Unchanged, Economic Outlook Remains Highly Uncertain
On August 20th local time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) meeting held from July 29th to 30th. The minutes indicated that the Federal Reserve agreed to maintain the target range for the federal funds rate at 4.25%-4.5%. During the monetary policy discussion at this meeting, members unanimously agreed that, despite fluctuations in net exports affecting the data, recent indicators suggested that economic activity growth in the first half of the year had slowed. The inflation rate remains slightly high, and uncertainty about the economic outlook remains elevated. To support the Committee's objectives, almost all members agreed to maintain the target range for the federal funds rate at 4.25% to 4.5%. Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller, both overseen by the Federal Reserve, voted against the decision to keep the benchmark interest rate unchanged and instead supported lowering the rate by 25 basis points to prevent further weakening of the labor market.
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Oriental Yuhong: Products Cover Multiple Business Segments Including Building Waterproofing, Widely Applied in Various Fields, Actively Seizing Opportunities in Rural Road Reconstruction Market
On August 15, Oriental Yuhong responded on the investor interaction platform, stating that as a building materials system service provider, the company currently covers a diverse range of business segments, including building waterproofing, civil building materials, mortar and powder materials, architectural coatings, energy-saving insulation, adhesives, piping, building renovation, new energy, non-woven fabrics, specialty films, emulsions, and more. With a rich variety of products, the company’s offerings have been widely applied in numerous fields such as housing construction, high-speed railways, subways and urban rail transit, expressways and urban bridges, airports and water conservancy facilities, integrated utility tunnels, affordable housing, industrial and mining warehousing logistics, old building renovation, urban village renovation, and urban renewal, among others. The company will closely monitor national policies and relevant project developments, and actively seize market opportunities arising from the construction and renovation of rural roads. -
Shuanglin Shares: Humanoid Robots, Planetary Roller Screws and Other Products Have Been Sampled to Several Customers and Generated Partial Revenue, Formal Contract Not Yet Secured
On August 15, Shuanglin Shares responded on the investor interaction platform, stating that in the field of humanoid robot business, the company has successfully developed products such as planetary roller screws for humanoid robots, ball screws for dexterous hands, and joint modules. Samples have been sent to several customers and are currently in the verification stage. Sample shipments will generate some revenue and receipts. Up to now, the above products have not obtained formal designation, and the sample income accounts for a low proportion of the main business income, contributing little to the company's performance. Investors are advised to pay attention to investment risks. The company will closely monitor and promote the progress of humanoid robot-related screw projects, actively pay attention to the development dynamics of the humanoid robot industry, make related technical preparations, and continuously enhance core competitiveness. For detailed information, please refer to the information disclosed by the company. -
Superjet Co.: Commercial Space Business Progressing Smoothly, Aerospace Orders Up Year-on-Year
On August 15, Chaoge Co., Ltd. responded on the investor interaction platform that the company's commercial aerospace business is progressing smoothly, with orders related to the aerospace business increasing year-on-year. The company is currently producing products according to orders and delivering them to customers. Delivered products include shell sections, fairings, and other rocket body structural components.
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Trump’s Global Reciprocal Tariff Officially Takes Effect at 12:00 Noon on August 7, With No Further Delay
Trump’s “reciprocal tariffs” on countries around the world officially took effect at 12:01 a.m. Eastern Time on August 7, 2025 (corresponding to 12:01 p.m. Beijing Time on August 7, 2025). U.S. President Trump signed an executive order to impose reciprocal tariffs ranging from 10% to 41% on goods from global trade partners. This policy officially came into effect at 12:01 AM (Eastern Time) on August 7. -
Randy Group: Independently Developed Joint Module Has Completed Validation Testing, Still in Early Research & Development (R&D) Stage
Langdi Group responded on the investor interaction platform that the company has independently developed a joint module, which integrates a permanent magnet synchronous motor, a reducer, and intelligent control technology. This module adopts a modular architecture design and supports multiple industrial bus communication protocols, making it suitable for mainstream application scenarios such as collaborative robots and humanoid robots. Currently, the relevant prototypes have completed validation testing and are still in the early development stage, with conditions for mass production not yet mature. -
Inovance Technology Actively Developing Humanoid Robot Components, Transitioning from Preliminary Research to Productization
Inovance Technology stated on the investor interaction platform on August 6 that the company is actively developing components related to humanoid robots, including motors, drives, actuator modules, and upper limb arms. This year, the main progress has been the transition from preliminary research to productization, and during the process, the company has actively communicated and cooperated with complete machine companies and integrators.
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US Suspends De Minimis Exemption for Low-Value Goods
According to CCTV News, on July 30 local time, the White House issued a statement saying that U.S. President Trump signed an executive order suspending the minimum duty-free treatment for low-value goods. It is declared that from August 29 onwards, items sent by means other than the international postal networkImported goods valued at or below $800 that originally qualified for the minimum de minimis exemption will be subject to all applicable duties.For goods transported through the international postal system, parcels will be subject to customs duties levied either ad valorem or specific tax.
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Mattel Q2 Net Sales Down 6% Year Over Year
In the second quarter of 2025, Mattel's net sales decreased by 6% year-over-year, achieving revenue of $1.02 billion. The continued weakness in the North American market dragged down overall performance, with sales in that region declining by 16%, although a 7% growth in the international market partially offset this impact. Despite the decline in sales, Mattel's gross margin improved by 170 basis points to 50.9%, benefiting from cost reductions, optimized inventory management, and an improved product mix. The adjusted gross margin rose to 51.2%. -
Vietnam E-Commerce New Regulations: Cross-Border Platforms Must Appoint Local Legal Representative, Applicable for Annual Transactions Over 100,000
The latest draft of the "E-Commerce Law" released by the Vietnamese Ministry of Industry and Trade requires all foreign e-commerce platforms operating in Vietnam (including those using the .vn domain, providing a Vietnamese language interface, or with an annual transaction volume exceeding 100,000 transactions) to designate a local legal representative or establish a legal entity. This measure will hold the representative accountable for the platform’s violations. Additionally, the Vietnam Customs recently announced that starting from August 1, it will implement Circular No. 29/2025/TT-BTC, initiating an automated VAT collection process for imported courier goods valued below 1 million VND.
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U.S. April Tariff Revenue Soars, Showing Effect of Trump's Trade Policies
In April, U.S. tariff revenue surged, helping to curb the further expansion of the budget deficit. However, as President Trump seeks trade agreements with countries that are subject to these tariffs, future tariff revenues may decline. Data from the U.S. Treasury Department shows that tariff revenue in April amounted to $16 billion, an increase of $9 billion compared to the same period last year, representing a 130% increase. According to aggregated data, this is the highest monthly tariff revenue record in at least a decade.
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China Federation of Logistics and Purchasing Issues Statement: Opposition to U.S. 301 Investigation Measures on Logistics, Maritime, and Shipbuilding Sectors
China LogisticsThe Procurement Association issued a statement opposing the U.S. Section 301 investigation measures in the logistics, maritime, and shipbuilding sectors: On April 17 local time, the U.S. Trade Representative's Office announced...China LogisticsThe final measures on the Section 301 investigation into maritime and shipbuilding sectors have obvious characteristics of unilateralism and protectionism, severely undermining the multilateral trading system and international trade rules.China Logistics The China Council for the Promotion of International Trade and the China Chamber of International Commerce solemnly declare their strong opposition to the U.S. invoking the Section 301 investigation as a pretext to...China Logistics , and the restrictive measures taken in the fields of maritime affairs and shipbuilding. We urge the US side to respect the market rules and multilateral trade rules, and immediately correct its wrong practices.
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Retail Sales of Clothing, Footwear, and Hat and Textile Products Reached 124 Billion Yuan in March 2025, Up 3.6% YoY
In March 2025, the retail sales of clothing, footwear, hats, and textiles amounted to 124 billion yuan, a year-on-year increase of 3.6%; the retail sales from January to March reached 386.9 billion yuan, a year-on-year increase of 3.4%.
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Foshan Plastic Enterprises Forced to Implement Intermittent Shutdowns Due to U.S. High Tariffs!
Foshan Botel Plastic Products Co., Ltd. has issued a statement saying that due to changes in the international trade environment, the United States has imposed a 104% high tariff on the export products of our country's foreign trade enterprises. All of our factory's products are exported to the United States, and the current situation has caused a significant fatal impact on the company's production and operation. After careful consideration of the management, it has been decided that, due to helplessness, we will start to implement an intermittent suspension of work arrangement from now on, and the suspension of work is temporarily delayed until April 20, 2025. If there is any change, we will make arrangements again.
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Trump declares a national emergency to impose a 10% global tariff, causing severe reactions in global markets.
On April 2, President Trump signed two executive orders at the White House, announcing a "minimum threshold tariff" of 10% on trading partners and imposing higher tariffs on specific countries. In the statement, Trump declared the country to be in a state of emergency to enhance America's competitive edge, protect national sovereignty, and strengthen economic security. The White House statement noted that this 10% tariff would take effect at 12:01 a.m. on April 5. Additionally, countries with the largest trade deficits with the United States will be subject to higher personalized tariffs, expected to take effect at 12:01 a.m. on April 9. Other countries will continue to follow the existing 10% tariff rate.
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