II. Global Trade Regulations

1.Effective April 1, 2026, the export VAT refund for products such as photovoltaics will be cancelled. Concurrently, the export tax rebate rate for battery products will be phased down until its eventual cancellation.(Cailian Press)

2.The US has announced a suspension of tariff escalations, postponing the planned increase in tariffs on imported upholstered furniture, kitchen cabinets, bathroom vanities, and other products. The new rates will take effect starting January 1, 2027.(Zhejiang Council for the Promotion of International Trade - CCPIT Zhejiang)

3.Cambodia has significantly lowered import tariffs, unifying the rates from the previous 15% or 7% to 0%. This applies to computers and related peripherals, laboratory-specific instruments, accessories, and related testing equipment.( Information Service Department)

III. Foreign Trade News

1.The Trump administration has forced "China-affiliated companies" to divest US chip assets, demanding the revocation of a transaction worth $2.92 million involving the acquisition of US chipmaker EMCORE by Chinese-funded enterprise HieFo.(Jiangsu Council for the Promotion of International Trade - CCPIT Jiangsu)

2.South Korea has extended the period for provisional anti-dumping duties on Chinese single-mode optical fibers. The case involves products under Korean HS Code 9001.10.0000, but excludes low-loss optical fiber bundles, optical cables, and single-mode optical fibers of the G.652.D specification primarily used in optical equipment.(Mofcom Legal Services)

3.Cambodia has significantly lowered import tariffs, unifying the rates from the previous 15% or 7% to 0%. This applies to computers and related peripherals, laboratory-specific instruments, accessories, and related testing equipment.( Information Service Department)