IRS revises and updates Form 1099-K frequently asked questions (FAQs)

The OBBB reversed the $600 threshold (American Rescue Act 2021) for 1099K reporting back to  $20,000 AND 200 transactions. 

China reaches 12 million tons of soy purchases to meet US pledge

China isn’t the answer for Canada’s trade troubles, Taiwan envoy says

Resolution of the European Economic and Social Committee – Defending the EU’s values and strengthening its future in the new geopolitical order

The EU must be a Security Union to strengthen bilateral trade partnerships 

More countries confirm invites to Trump's Board of Peace for Gaza. $1 billion buys a permanent seat

Will the Board of Peace extend beyond Gaza for peacekeeping and trade facilitation ?

New Tariff Requirements for 2025

Beijing Deploys Stricter Social Credits Scoring Program to Regulate International Trade | Brownstein

Social credit is reputational status  Customs credit labels enterprises based on their customs related activities. The highest level enterprise has AEO status

CBP modifies Withhold Release Order on FGV Holdings Berhad in Malaysia | U.S. Customs and Border Protection

Trump moves to make tech giants pay for surging power costs

Data centers are electricity intensive  

Grandma receives $30 Barbie from Canada, then $802 tariff charge from shipper

In a post de minimis age the shipper whether or not commercial must be mindful of accurate details. The importer of record is responsible for duty and fees.