Key Points Effective July 24, 2026, CBP suspended the de minimis exemption under 19 U.S.C. Section 1321(a)(2)(C) for international mail shipments valued at $800 or less, replacing it with a formal postal entry process under 19 C.F.R. Part 145. Eligible filers — limited to owners, purchasers, or licensed customs brokers — must submit a monthly IMDW spreadsheet with 10-digit HTSUS classifications, pay duties via ACH debit by the 7th of the following month, and maintain a continuous customs bond in ACE...

There are still way too many motorists who ignore the fact that correct tyre pressure is important both in cold weather and in hot weather, since temperature is the direct cause of the variations in the pressure itself. That's why controlling it when the seasons change is as important as covering up for winter or losing a few layers for summer. In general, in winter the tyre pressure decreases, while in spring and summer it increases compared to previous months. The...

On June 10, 2026, the European Commission published a Code of Practice on marking and labeling of AI-generated content (the Code) following a public consultation that took place last year. The Code is divided into two sections: Section 1 sets out provenance requirements applicable to providers offering generative AI systems. Section 2 sets out transparency rules for AI-generated content applicable to deployers of AI tools, such as requirements to visibly label deepfakes and AI-generated text on matters of public interest. Background The European Union’s...

What happened?  The European Commission has published a Tax Omnibus proposal that would amend six EU direct tax directives: the Interest and Royalties Directive (2003/49/EC), the Merger Directive (2009/133/EC), the Parent-Subsidiary Directive (2011/96/EU), the Anti-Tax Avoidance Directive (ATAD) (2016/1164), the Dispute Resolution Mechanisms Directive (2017/1852), and the FASTER Directive (2025/50). The package is intended to simplify the EU direct tax framework, reduce compliance burdens, improve legal certainty, and support EU competitiveness. For more details about the Tax Omnibus, please read our...

US June consumer price inflation data undershot expectations with the breadth of the softening the particularly encouraging aspect. Fed rate hike pricing has receded, but we still think it is too high. We forecast a prolonged pause from the Federal Reserve US inflation lower than anyone expected Today's consumer price inflation report for June was considerably softer than expected. US headline prices fell -0.4% month-on-month versus consensus expectations of a -0.1% outcome, while core inflation (ex-food and energy) was flat on...

The 2026 FIFA World Cup is already in the elimination stages in North America, with matches taking over stadiums across the US, Canada, and Mexico. Throughout the month, millions of fans are glued to their screens, completely caught up in the drama of who will claim the ultimate title in global football (ahem, soccer for those of US fans). Most are enjoying for entertainment and love of country, but this article takes a look at that lesser-known side of the World Cup: the legalities of it all.   While the world...