A Complete Guide On Antidumping And Countervailing Duties in US
Companies engaging in international trade need to research and be aware of laws and barriers to entry that are set up in different countries. Antidumping (AD) and countervailing (CV) duties are imposed by the United States Department of Commerce (DoC) to protect local manufacturers in the US. These fair trade laws were set by policy […]
OEM vs. ODM: How To Choose The Right One For You
In light of the ongoing pandemic, the eCommerce space has grown with increased online spending habits. As a result, businesses looking to profit will undoubtedly come across the acronyms OEM (original equipment manufacturer) and ODM (original design manufacturing) quite often. These terms refer to two types of cooperation models used in the industrial world that […]
Beginner’s Guide to Selling Products Online in the USA
According to Statista, in 2020, retail e-commerce sales worldwide totaled $4.28 Trillion Dollars, while e-retail revenues are predicted to reach $5.4 Trillion Dollars by 2022. On the other hand, total revenue from e-Commerce alone in the USA amounted to $431.6 Billion Dollars in 2020, with Statista projecting that it will increase to $563.4 billion dollars […]
Impacts of US-China Trade War on eCommerce for Southeast Asia
On March 11, 2020, the World Health Organization (WHO) officially declared Covid-19 as a global pandemic. As a result, economic activities around the world have been disrupted. The World Bank estimated the global GDP to contract by 5.2% due to the pandemic. Sectors heavily affected include travel and tourism, retail and service-based industries, as well […]
Global Furniture Industry Trends in 2021 and COVID Impact
The most noticeable change in the furniture industry today has been the ability for suppliers, producers, distributors, and consumers to access information almost instantaneously via the internet. Overall, the internet has played an essential role in one of the most significant changes in furniture trends, revolutionizing retail and how the public accesses furniture. The internet […]