International Chamber of Commerce: New US Tariff Regulations Create Execution Uncertainty for Export Enterprises

On August 8, Jin10 reported that on July 7 local time, the International Chamber of Commerce officially issued a statement regarding the new round of tariff measures in the United States coming into effect. The statement mentioned that the new U.S. regulations significantly increase complexity for businesses, particularly burdening small and medium-sized enterprises, and called for clearer implementation guidelines from the U.S. The Secretary General of the International Chamber of Commerce, Denton, pointed out in the statement that the impact of tariff policies is not only about the rates themselves but also about the operational chaos and uncertainty they bring. The new tariff policies implemented by the U.S. make it difficult for exporting companies to clarify applicable rates, and even multinational companies with well-established compliance systems face challenges. The statement also noted that currently, global trade is still operating under World Trade Organization rules, and several economies have released positive signals for trade liberalization.

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