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In this week's edition: In this week's edition: inflation is heating up, TikTok is booming for smaller brands in particular, and defining the different tariff types.
If you need help with your ecommerce accounting, sales tax, inventory management, CFO, or other accounting related issues, let us know. |
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- US small-businesses with less than $15 million in revenue saw sales rise by 66% on TikTok Shop in 2025
- Survey found 67% of respondents cite TikTok Shop as their go to platform for product discovery
- The top 3 sources for product discovery were 1) TikTok Shop 2) Amazon 3) Search engines
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3. [READ] The difference between IEEPA tariffs, Section 122 tariffs, Section 232 tariffs, and Section 301 tariffs |
- IEEPA Tariffs: Emergency tariffs imposed in response to foreign threats; the Supreme Court ruled IEEPA doesn't authorize tariffs.
- Section 122 Tariffs: Temporary tariffs (up to 15% for 150 days) addressing U.S. balance-of-payments deficits.
- Section 232 Tariffs: Product-specific tariffs protecting national security, commonly applied to metals, autos, and strategic industries.
- Section 301 Tariffs: Country- or product-specific tariffs used to counter unfair trade practices and enforce trade agreements.
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In Other News |
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[READ] Compare credit cards for small business expense management |
- Here are the top cards according to NAV
- American Express Business Gold Card — Best overall for expense management
- Capital One Spark Cash Plus — Best for teams with high spending
- Ink Business Preferred Credit Card — Best for rewards on business expenses
- Ramp Business Card — Best for modern expense automation
- BILL Divvy Corporate Card — Best for teams with multiple employees
- Brex Card — Best for startups and venture-backed businesses
- American Express Blue Business Cash Card — Best no-annual-fee simplicity
- U.S. Bank Triple Cash Rewards Visa Business Card — Best for budget-conscious small businesses
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