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Foreign Trade Information | Brazil will levy a 17% VAT rate; Fukushima nuclear pollution water discharge!" Shipping Logistics | International Logistics | International Freight Forwarders | Guangzhou Freight Forwarders | Panyu Freight Forwarders | Hongde International

Jun 08,2023

NO. 1

Brazil to impose 17 percent VAT rate

On June 5, Brazil's National Council of State Financial Secretaries unanimously decided to impose a uniform 17% value-added tax rate on goods purchased on e-commerce platforms.

The implementation date of the new flat tax rate has not yet been determined, but it was officially submitted to the Ministry of Finance on Thursday (1st). In addition to the value-added tax, the Brazilian government also imposes a 60% import tax on imported goods.

NO. 2

Fukushima nuclear contaminated water discharge tunnel to inject seawater

According to the Japan Broadcasting Association (NHK) on June 6, the Fukushima nuclear contaminated water discharge tunnel began to inject seawater, which will be filled with about 6000 tons of seawater during the day.

In addition, according to Kyodo News, Tokyo Electric Power Company issued a report on the 5th that the radioactive element cesium content in the marine fish captured in the harbor of the Fukushima Daiichi Nuclear Power Plant last month seriously exceeded the standard, reaching 18000 per kilogram. Becquerel is 180 times the upper limit of the prescribed standard.

NO. 3

U.S. Jobs Grow for 29 Consecutive Months

The U.S. added 339000 jobs in May, and the job market showed resilience against the backdrop of rising interest rates and inflation.

In recent months, the U.S. job market has added more jobs than expected. May employment growth was the 29th consecutive month of employment growth. While the unemployment rate rose to 3.7 percent, it remained near historic lows.

Low unemployment puts pressure on wages as employers compete for scarce workers. Wages rose a solid 4.3 percent in May from a year earlier.

NO. 4

Global large aircraft production supply chain strain

Boeing CEO Calhoun said that due to supply chain tensions, the ability of Boeing and Airbus to meet customer delivery requirements may be limited in the next five years, and progress in solving supply chain tensions is "too slow." Head scratching ".

Bloomberg has reported that Boeing and Airbus have sold out single-aisle aircraft until at least 2029, but at present, the global aircraft order delivery is seriously lagging behind, with the number of delayed aircraft reaching 12720.

NO.5

High growth of e-commerce market in Serbia

According to the National Bank of Serbia (NBS), in the first quarter of 2023, there were 8.7 million dinar online shopping orders in Serbia, a strong increase of 25.76 percent over the same period last year.

During the epidemic, consumers in the country have developed the habit of online shopping. As a result, the Serbian e-commerce market performed strongly in the first quarter.

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