Commercial shipments arriving in the USA valued at under $800 currently face no duties and little scrutiny. America’s ‘de minimis’ rules allow for the free entry of low-cost products to…

The post Axing America’s $800 ‘de minimis’ limit would have a big impact on UK exporters appeared first on London Business News | Londonlovesbusiness.com.

SME exports could grow if more companies were aware of and using ‘GEF’ – the General Export Facility – a relatively unknown but valuable government scheme designed to boost Britain’s…

The post UK exports could surge if SME export finance guarantee scheme promoted more effectively appeared first on London Business News | Londonlovesbusiness.com.

The US and China trade deficit in goods has substantially decreased, hitting its lowest since 2010. According to Stocklytics.com, the US-China trade deficit reduced by 25% to $279 billion in…

The post US-China trade deficit shrinks by 25% to $279 billion appeared first on London Business News | Londonlovesbusiness.com.

Mexico has dramatically overtaken China as the world’s largest exporter of goods to the USA. In 2023, the US imported $475.6bn of goods from Mexico compared to $427.2bn of goods…

The post Mexico topples China as top US exporter, but would Trump 2.0 reverse Mexico’s gains? appeared first on London Business News | Londonlovesbusiness.com.

New data from Tradeshift’s Q1 Index of Global Trade Health paints an encouraging picture for global trade, with robust growth observed in China and the US, alongside indications of a…

The post Global trade activity shows green shoots of recovery, led by strong growth in China and the US appeared first on London Business News | Londonlovesbusiness.com.

Importers of laboratory reagents and materials used in the manufacture of medicines in the UK’s life sciences sector have been given a six-month extension to make the necessary changes to…

The post Post-Brexit border paperwork and inspections postponed for life sciences sector appeared first on London Business News | Londonlovesbusiness.com.

The Red Sea attacks by the Iranian backed militant group, Houthis has led to more than half of UK export businesses being affected by disruption. The Houthis rebels have been…

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In the latest financial week, the U.S. stock market saw a predominantly positive trend, despite a shortened trading period due to the Presidents’ Day holiday. Notably, the larger indices such…

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The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three months into this crisis, container…

The post Shipping hit with a surge in rates amid the ongoing Red Sea crisis appeared first on London Business News | Londonlovesbusiness.com.

Row Group Holdings Ltd., parent company of ROWBOTS, the mindset-led fitness brand, acquires FLOW LDN, the fitness studio that offers the best of yoga, Pilates, barre and functional movement. The…

The post ROWBOTS acquires FLOW LDN appeared first on London Business News | Londonlovesbusiness.com.