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 E-Merchants Trade Council, Inc.

Simplifying Global E-commerce 

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NEWS

IRS Tax Calendar for Small Business 

Online Tax Calendar | Internal Revenue Service (irs.gov)

  • Sun, August 18, 2024 7:45 AM | Karen Kelly (Administrator)

    Possible work stoppage at Canada's two largest railroads could disrupt US supply chain next week (msn.com)

    Starting August 20 CPCK will stop all shipments originating in Canada. CN has barred container imports from the US since August 16. Prepare for supply chain disruption.

  • Fri, August 16, 2024 11:00 AM | Karen Kelly (Administrator)

    Mexico’s growing cross-border e-commerce market (logisticsti.com)

    The Mexican Internet Association estimates 80% of  Mexican online shoppers purchase internationally - 40% 0f which came from the US 

  • Thu, August 15, 2024 3:32 PM | Karen Kelly (Administrator)

    file (doc.gov)

    This Pennsylvania electronics company exported wires, clamps, wires, pressure scanners, temperature scanners and circuit board connectors. You must Know Your Customer and know your products if you plan to export.  The assessed penalty is $5.8Million payable in 30 days. 

  • Thu, August 15, 2024 11:32 AM | Karen Kelly (Administrator)

    Customs Broker License Exam (CBLE) | U.S. Customs and Border Protection (cbp.gov)

    CBLE Registration Information | U.S. Customs and Border Protection (cbp.gov)

    Registration for this exam runs from August 12 through September 11 at 4:30PM ET  If you plan to take the exam be sure to register early. 

  • Thu, August 15, 2024 11:05 AM | Karen Kelly (Administrator)

    33-11295-fact-sheet.pdf (sec.gov)

    The SEC is proposing joint data standards for certain financial filings  It proposes using LEI as the standard.    Department of Treasury and FDIC are expected to join this. standard CBP has also considered LEI as a possible GBI.   Will/ Should it become the whole of government standard? 

  • Thu, August 15, 2024 10:18 AM | Karen Kelly (Administrator)

    Huge shipping company files Chapter 11 bankruptcy to liquidate (msn.com)

    DRF is an ecommerce shipping provider  It has filed Chapter 11  to liquidate its business.  Its services included delivery, returns and cross-border shipments.

  • Fri, August 09, 2024 7:55 PM | Mariane Rowden (Administrator)

    Washington, DC--

    U.S. Senator Ron Wyden, Chair of the U.S. Senate Finance Committee released a bill, the "Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains for America Act of 2024" (FIGHTING for America Act of 2024) which makes changes to 19 U.S.C. section 1321 (de minimis shipments). He is joined by Senators Lummis, Brown, Collins and Casey on the bill.  

    Senator Wyden's bill is designed to be an alternative to the "End China's De Minimis Abuse Act" (H.R. 7979) which passed the House of Representatives.

    Recognizing the increase in low-value shipments entered as de minimis shipments since COVID-19, the bill restricts the types of articles (e.g, import-sensitive goods, items subject to ADD/CVD, subject to special tariff investigations under section 201, 301 and 301).  The bill also requires additional information and data (e.g., 10-digit HTSUS, country of origin), increases penalties for violations, and charges $2 per shipment fee.

    EMTC has drafted a redline of the 19 U.S.C. section 1321 showing the changes that the bill makes to the current law as part of EMTC's analysis of the bill.  Companies seeking EMTC's analysis should join EMTC as a member.

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