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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)

  • Thu, February 12, 2026 4:19 PM | Karen Kelly (Administrator)

    Senate lawmakers introduce bipartisan bill to end 'First Sale' customs rule

    First Sale is a complex process to reduce duty costs . Users must prove that the first sale is intended only for the US market.  The two key cases are Nissho Iwai and Meyers. (See US CIT)

  • Thu, February 12, 2026 4:14 PM | Karen Kelly (Administrator)

    US tariff revenue up 300% under Trump as Supreme Court battle looms

    FY25 revenue reached $124B with Jan 2026 at $30B

  • Thu, February 12, 2026 4:04 PM | Karen Kelly (Administrator)

    Tariff duties hit $30B as Supreme Court weighs case

    Trade deficit is down 26% over the previous year according to Treasury.

  • Thu, February 12, 2026 3:52 PM | Karen Kelly (Administrator)

    Trump tariffs leave importers with record-breaking $3.5 billion US Customs bond funding shortfall

    Importers are responsible to calculate and project their duty payments and acquire sufficient bond coverage for the anticipated amount. This is part of a normal compliance review

  • Wed, February 11, 2026 10:13 AM | Karen Kelly (Administrator)

    US inks deal with Bangladesh to reduce tariffs | Supply Chain Dive

    19% Tariffs  with potential to remove tariffs on textile goods 

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