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Showing posts with the label B2B Trade

Seller or Vendor? How JD.com’s Direct Sourcing Changes the China Entry Playbook [GeXPs26-0814EN]

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Global 1P vs 3P Channel Strategy · GeXPs26-0814EN Seller or Vendor? What JD.com's Korea Sourcing Push Says About 1P vs 3P Cross-border growth is no longer just a question of which marketplace to join . The more strategic question is which operating role your company should own : third-party seller, fulfillment user, brand-store operator, or first-party retail vendor. The Core Decision Do not compare channels by revenue potential alone. Compare who owns demand, who funds inventory, when cash returns, who controls the brand, and how much bargaining power moves to the retailer . That control stack often matters more than the size of the first purchase order. 1. JD.com's Korea Move Is a Useful 1P vs 3P Case Study KOTRA's JD Kick-Off Summit 2026 , held in Seoul on August 12, was designed around JD.com's direct-purchase program for K...

UK Steel Quota Excess Tariff Rises to 50%: 5 Checks Exporters Must Make [GeXPs26-0706EN]

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UK Steel Quota Tariff Rises to 50%: 5 Checks Exporters Must Make From 1 July 2026, the United Kingdom applies a 50% out-of-quota duty to specified steel products covered by its new tariff-rate quota system. The previous steel safeguard and its 25% additional duty expired on 30 June 2026. The replacement measure reduces overall quota volumes by 51% compared with the former safeguard and covers 20 steel product categories that can be produced in the UK. For exporters, the practical issue is not simply whether a shipment is made of steel. The result depends on the exact UK commodity code, product category, origin, available quota, customs declaration, importer readiness and any other trade-remedy duties that may apply. Key point: A shipment that enters within the applicable quota is not subject to the new 50% quota duty. However, anti-dumping, anti-subsidy, ordinary customs duties or other measures may still apply. Exporters and UK importers must check the complete tariff tre...

End of EU Low-Value Customs Relief: Preparing for the Temporary EUR 3 Per-Item Duty from July 2026 [GeXPs26-0629EN]

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EU Ends the €150 Customs-Duty Exemption: How the Temporary €3 Tariff Works from July 2026 Export Intelligence · GeXPs26-0629.en EU Ends the €150 Customs-Duty Exemption: How the Temporary €3 Tariff Works from July 2026 Accuracy note: “€3 per item” means per customs item defined by tariff classification—not per physical unit, parcel, shipment or order. In 3 lines From 1 July 2026 , the EU ends the customs-duty exemption for eligible low-value imports of up to €150 and introduces a temporary €3 tariff per tariff-classification item . The measure runs until 1 July 2028 . A shipment may generate one or several €3 charges depending on the classifications declared. The tariff is separate from VAT, IOSS and handling fees . Sellers should recalculate landed cost and review product data, delivery terms and customs responsibilities. What changes The European Union is changing the customs treatment of low-value goods sold online. The existing customs-duty exe...