As the medium-term election date approaches, united states president trump has once again upgraded his external strategy: moving from traditional trade to online. The announcement by the white house of the united states that the united states would begin the process of withdrawing from the universal postal union (upu) with effect from 17 days has raised general concerns among major exporting enterprises such as china。
However, this is not an entirely new topic. A number of central american professionals interviewed by the first financial journalist indicated that they had been discussing the issue for the last six months until the boots finally landed。
Through the upu system, china's cross-border electricity suppliers are the earliest model to export, as well as long-term, low-cost and limited product size. As early as august this year, trump signed a directive instructing the united states postal administration to cancel the discount on international postal services and to stop the low-cost influx of foreign goods into the united states by renegotiated international postal charges。
On 18 december, during a regular press conference, the spokesman for the chinese ministry of foreign affairs, lu xian lu, stated that the united states had recently made a decision not to leave the group of two, and that the united states had its own considerations, but that there was no need to talk about china. China regrets the decision of the united states to withdraw from upu, a united nations specialized agency responsible for international postal services, which has played an active role in bringing countries closer together and promoting trade facilitation. For our part, china has always advocated and actively defended multilateralism, actively advocated and supported the work of upu, and will continue to work with all parties to make its contribution to the development of the international postal service。
Several chinese and american cross-border electrician platforms and buyers have stated to first-hand financial journalists that they are closely following the evolution of the situation and that the short-term implications are certain, but that postal access is only one way of logistics, and that they may be able to deal with it more in the future, such as by developing overseas warehouses。
Speaker of the ministry of foreign affairs of china
Geometric impact on online cross-border trade between china and the united states
This “retrenched” act in the united states involves a cross-border electrician, and a number of business people have expressed unclear views on the first financial journalist。
Cross-border electric generators are more diversified, covering not only imports and exports, but also b2b, b2c and c2c models. The form of this exposure is mainly the export of b2c products to the united states, which relies on the mail system。
In the sub-market of automobile smart parts, stamp technology ltd, which is exported by several cross-border electricists such as ebay and amazon, has already accounted for more than half of the exports of this category on major platforms. The company's founder and ceo choi cuijori described the first financial case and, at present, his business would not be affected at all, as almost 100 per cent of the export of the product had already achieved the overseas warehouse model, whereby it was transported to united states warehouses as a whole by general trade and then sold through local postal services, as well as the upgraded dominant cross-border electricity provider, b2c。
Choi cry said to journalists that he would choose products with a high māori rate and a technological content, and that although more energy was invested in the front, over time, more advantages would accrue and long-term competitiveness。
Several buyers explained to the first financial journalist that, in fact, those most affected by this move in the united states were small, cross-border electronics exporters whose value was small, low-priced but longer-term postal models were used to reduce costs, and that there would be restrictions on the size and weight of the products transported via the postal service, and that the products of choi cretray were generally over 3 kg and could not go through the postal channel。
An unnamed seller of this type described first-hand financial journalists as mainly clothing products, with considerable impact if the postal package was not available. Because of the sensitivity of prices, many customers are reluctant to pay freight. Post parcels are not small, mainly slow, and small pieces of clothing are transported by air, and regular mail time is approximately 15 working days as a result of a large collection of orders to be re-delivered. Other means of delivery can be several united states dollars to several dozen dollars higher than mail。
Another person familiar with the system stated that, because of the slow and sometimes unsure manner in which mail was delivered, most people would choose commercial couriers (dhl or fedex) in the case of products such as cameras, although the weight of the mass met the standard and because the product itself was important。
From the platform's perspective, the main business of ebay in china, which only involves service export buyers, is in the policy realm. According to its chief financial journalist, chinese sellers sell a wide variety of products on the ebay platform and therefore use a variety of logistics, including offshore warehouses, commercial logistics, postal channels, etc. In addition, the market for chinese sellers is very extensive, with each commercial seller exporting on average to 68 countries and territories. The united states announced the initiation of a process of withdrawal from upu, which could last longer, with the belief that new logistics solutions would also emerge. As for the current impact on the business of chinese sellers in particular, they would be following closely。
She said that this would have an impact on the sale of ultra-low-value consumer goods to the united states market, for example, if a $2 product were originally shipped to the united states at a cost of $1 and the freight rate was 50 per cent of the value of the goods, and if the freight cost were increased to $2, it would significantly increase the cost to vendors and reduce consumer enthusiasm for cross-border internet purchases。
However, there are plenty of those who are optimistic about opportunities. The president of the public tax centre for imports of henan province, suh ping, ltd., who had pioneered a “cross-border trade e-commerce tax import model” throughout the country, told first-hand financial journalists that short-term effects must have, but that there would be great opportunities for business clearance, and that postal access would be more important than logistics costs. It is not just business clearance that benefits from general united states model clearances, but just the need to adjust the terminal distribution system. This is a big project, and it is an opportunity for logistics companies to do better than the original channel。
She explained that commercial customs clearance was conducted in accordance with united states customs regulations: six hours. The fee is $1 per unit for expedited release processing. Ordinary customs clearance, 48 hours of release, without a $1/sq/quick processing fee. However, 48 hours are sometimes extended to one week or more. There are significant differences in time limits and costs, but no differences in tax burden。
Global cross-border electrician import policy tightening
Trump’s exit order once again exposed the emerging trade area of the cross-border power provider b2c. In fact, however, the tightening of measures in this area in europe and the united states has begun gradually over the past two years。
Over the past two years, many sellers, including choi, have felt the tightening and tightening of tax policies in european countries such as english and german. Choi ri describes that the united kingdom has imposed joint and several liability on electric power platforms and local warehouse logistics companies for vat taxes on cross-border electric operators; germany is also developing a similar policy, and vat tax regularization has become a trend for vendors. The vat value added tax (vat) generated by the chain of sale accounted for 16-17 per cent of the final price. “the impact on our costs is still considerable, and efforts are being made to adapt to this environment.” “france, spain, italy, too.”
In an interview in august this year, british chancellor of the exchequer philip hammond stated that the british government was considering a “amazon tax” to protect the “traditional” retail industry and would seek a new international tax agreement。
“we want our tax policy to be fair to both traditional retailers and electric sellers. This requires us to renegotiate international tax agreements, as many large electric companies are transnational corporations. If no new international agreement is reached, we may have to consider temporary tax measures to rebalance the competitive market environment until a new international agreement is reached.” philip hammond said。
In august, trump instructed the united states postal administration to renegotiate international postal costs with upu, the idea being that low-cost terminal fees (terminal dues) allowed some foreign firms to deliver courier packages to united states consumers at very low delivery rates, making a large number of foreign commodities cheaper into the united states, with a greater market advantage than local united states sellers。
Upu was established in 1874 as a united nations agency coordinating national postal policies. It had issued a statement on 27 august in response to president trump's memorandum on terminal expenses: the 192 member states of upu would be discussing international postal compensation models, as well as international postal-related services, customs and security rules. Decisions on related matters will enter into force after discussion, following the inclusion of international treaties (such as the universal postal convention) and other binding instruments that together embody the rules applicable to the entire international postal network。
Trump has long been dissatisfied with the taxation of electric platforms. Within the united states, the united states federal supreme court, on 21 june, issued a major ruling that states could impose sales taxes on online retailers amounting to billions of dollars a year, undermining the advantages of many e-commerce companies vis-à-vis real competitors. The supreme court judge, by a vote of five in favour and four against, approved support for a 2016 bill in south dakota, effectively reversing a 1992 decision of the federal supreme court that prohibited the cantons from collecting sales taxes from retailers without a physical store in their state. This decision added new sources to fill the revenues of the cantons, although it may also result in more money being disbursed by network buyers。
