LedgerGurus "Weekly Top 3"

In this week's edition: Section 301 tariff (the newest ones) deep dive, TikTok Shop reality, and interest rates remain unchanged.

If you need help with your ecommerce accounting, sales tax, inventory management, CFO, or other accounting related issues, let us know.

Top 3

New Section 301 tariffs add 10%–12.5% duties across 60 trading partners covering 99.4% of U.S. imports.
Exemptions exist, but businesses should review classifications, contracts, and supply chains before adjusting prices.
Legal challenges are likely, but Section 301 tariffs are founded on studies that make them more likely to stand

TikTok Shop projected at $23.41B U.S. sales in 2026, up 48%, but growth is slowing.
803,500 U.S. stores exist; over half recorded zero sales and only 2,143 topped $1M GMV.
Costs add up with creator commissions, platform fees, fulfillment, and discounts

Fed held rates steady with three-members wanting to raise rates.
Markets now assign 59% odds of a September rate hike, 90% by January.
Energy prices and tariffs may sustain inflation, limiting relief despite stable interest rates.

In Other News

[READ] How the Fed Rate Affects Small-Business Loans

Fed holds rates at 3.50% to 3.75%; prime rate remains 6.75%.
SBA 7(a) variable-rate loans remain tied to the 6.75% prime rate.
Other loans can be influenced by the Fed Rate, but don't always move in tandem.

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