wtoi_24aug23_e.pdf

The Goods Trade Barometer shows a trajectory for trade.  The  June 2023 reading  suggests growth in Q3  EMTC posts these WTO reports in our news section as they are available.  

Office of Public Affairs | Five Amazon Marketplace Sellers and Four Amazon Marketplace Companies Sentenced for Price Fixing | United States Department of Justice

Agreeing with other sellers to fix a price can result in penalties and jail.  The DOJ prosecuted these online sellers . 

17-494 South Dakota v. Wayfair, Inc. (06/21/2018) (supremecourt.gov)

Wayfair defines the "nexus" for purposes of sales tax  Online sellers may owe sales tax in a state where they do not live .  For online sellers this means Know Your Customer. 

Big Tech braces for roll-out of EU's Digital Services Act | Reuters

EMTC seeks to provide varying viewpoints for our members  to discern

The Digital Services Act package | Shaping Europe’s digital future (europa.eu)

Will it create safer digital spaces and level playing fields? 

Chart: BRICS Expands Footprint in the Global South | Statista

BRICS representing 46% of the world population  and 29% of the GDP is lead by China and India

It is Official - UK Electronic Trade Document Bill becomes Law (shippingandfreightresource.com)

This most benefits container shipping but watch the progress as it is accepted elsewhere and in broader uses 

The Competition Commission of SA (CCSA) Releases its Online Intermediation Platforms (OIPMI) Report and Recognises Foreign Competition Too Late - Ecommerce Forum Africa (ecomafrica.org)

Thousands of SA online sellers rely on de minimis to sell goods to the EU and US   Thanks to our partner EFSA for this article. 

Mexico expands tariffs to protect domestic markets (mexiconewsdaily.com)

'Unwarranted and unfair': The IRS is watching how much you make selling things online this year — how even casual sellers could get dinged by the new tax rules (msn.com)

Did you sell online and make $600?  The American Rescue Act (2021) created the lower threshold for 1099K.  It starts this year.