Morning News on May 16, 2024

Morning News:①The U.S. increases taxes on China to target strategic areas, with electric vehicles subject to a maximum tariff of 100%

②Data shows: my country’s furniture export scale has hit a record high for the same period in history, and overseas demand may further improve in the future.

③Northeast Securities: Optimistic about the future of domestic transformer manufacturers further exploring overseas markets

④The sea freight price from China to the United States increased by nearly 40% in a week, and freight costs of tens of thousands of dollars reappeared

⑤Turkey launches anti-dumping investigation into China-related polystyrene

⑥Swedish Prime Minister expressed opposition to the EU’s imposition of punitive tariffs on Chinese electric vehicles

⑦The amendment to Uzbekistan’s “Customs Law” will take effect on May 28, aiming to improve the import, export and customs declaration process of goods.

⑧South Korea’s ICT exports surged 33.8% in April, and chip exports increased 53.9%

⑨ Starting from May 15th, foreign tourist groups will be exempted from visa when entering the country by cruise ship.

⑩Argentina’s cumulative inflation rate in the past 12 months reached 289.4%

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