Morning News on March 11, 2024

①The Houthi armed forces severely damaged a cargo ship in the Gulf of Aden, killing three people. The ship was traveling from Lianyungang to Jeddah.
② The United States made a final ruling on industrial damage to China’s sodium gluconate, gluconic acid and derivative products by sunset review
③Anti-China politicians in the United States proposed to impose a new tariff of US$20,000 on imported Chinese cars to prevent Chinese cars from flooding into the US market.
④Cuba reduces the import tariff rate of raw materials and intermediate products used for production by 50%
⑤CITIC Securities: The gradual opening of the overseas replenishment cycle is expected to drive a gradual recovery in subsequent export growth
⑥ Cui Dongshu of the Passenger Car Association: China’s overseas automobile exports began to show steady growth in January
⑦In January, Vietnam’s mobile phone parts exports increased by 50.4% month-on-month, and the largest export market was the United States.
⑧Agency: In the first six weeks of 2024, domestic sales of Huawei mobile phones increased by 64%, while Apple, OPPO, and vivo experienced double-digit declines.
⑨January Global Automotive Battery Report: CATL leads the pack with 39.7%
⑩Amazon’s U.S. site logistics inflow and warehouse configuration service fees have officially come into effect, and sellers are worried about declining profits.

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