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Member News
Member News
03
Aug
If you’re an Amazon or Shopify seller, an importer, or run a small manufacturing business, here’s the honest answer: usually, no, not right when you buy it. Even with the friendlier rules small businesses get in 2026, you generally still deduct inventory costs when you sell the item, not when you pay for it. There is a real exception that makes life easier for small businesses, but it doesn’t work the way most people assume. That gap between what...
03
Aug
As I write, we have entered another reprieve in the conflict with Iran, as President Trump suggested over the weekend that regional lobbying convinced him to start another round of diplomacy to try for a deal. More likely its low approval ratings, continued high refined fuel prices and other political pressure.
Market hope springs eternal. Crude oil prices sold off sharply, likely helped by light volumes in early hours of Asian trading, extending some easing from last week when a...
31
Jul
The Federal Reserve’s reluctance to take action despite pledges to respect the inflation target, which has not been met in over five years, put the dollar under pressure. Then yesterday, it appears that Japanese officials may have intervened in the foreign exchange market, and as was the case earlier this year, the Federal Reserve reported checked on prices and indicated they were doing so at the request of the US Treasury. If true, it illustrates a notable difference between Japan,...
30
Jul
Highlights
On July 24, the U.S. Court of Appeals for the First Circuit denied the federal government’s motion to stay a lower court order that vacated the $100,000 supplemental fee on certain H-1B visa petitions.
The court found the government failed to make a strong showing of likely success on the merits, concluding that the Immigration and Nationality Act does not clearly authorize the executive branch to impose a $100,000 H-1B fee.
With the stay denied, the district court’s...
30
Jul
The new import ban adds medium-term uncertainty to clean power supply chains. Existing approved inverters are unaffected, but new foreign imports will be blocked. The measure could raise costs and further complicate supply chain strategies, but without materially altering the US renewables outlook.
The US clean power supply chain, already under strain, is facing another headwind. As solar and battery project developers grapple with tariffs and foreign entity of concern (FEOC) requirements to maintain tax-credit eligibility, the Federal Communications Commission (FCC) announced...
29
Jul
Jaguar Freight would like to share additional information regarding the new Section 301 tariff announcement by the U.S.
As you're likely aware, as of July 24, most imports from 60 countries got more expensive. Here is a breakdown.
The impacted HTS numbers are listed in the just-published Federal Register Notice. Check it against your entries now. Duty paid at the wrong rate is recoverable, but only if you catch it, and refund timelines run in months, not days.
Compliments of Jaguar Freight -...
29
Jul
Key Takeaways
U.S. tax exemptions for FIFA prize money apply to national associations, but players, coaches, agents and foreign businesses remain subject to U.S. tax and withholding rules.
Compensation allocation for matches, training, media and promotional activities affects U.S.-source income, state tax obligations and treaty benefits, making accurate service-day tracking essential.
Post-tournament tax compliance includes reviewing withholding, claiming foreign tax credits, filing Form 1040-NR and state tax returns and addressing cross-border tax obligations and refund opportunities.
After weeks of competition...
28
Jul
How USTR’s forced labor Section 301 tariffs impact entry filers
If you went home Thursday evening with a clean entry-summary queue, you came back Friday to a different tariff schedule.
Overview
On Friday, July 24, 2026, the U.S. Trade Representative’s final action took effect for 60 parallel investigations under Section 301 of the Trade Act of 1974. The theory of the case was unusual, as USTR targeted the failure of each trading partner to impose and effectively enforce its own ban...