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Whether you've been reading since our first newsletter in 2023 or this is your first edition, we hope this has been beneficial. Share it with a friend or reply with any feedback.
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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1. [READ] Tariff Engineering |
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Tariff engineering is legally adjusting product design to fit lower-duty import categories.
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Big brands use it: Columbia added zippers, Converse changed soles, Snuggies reclassified as blankets.
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Missteps are expensive: Ford paid $365M; while many brands overpay by 10%+ on duties.
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China manufacturing now incurs ~50% tariffs, significantly tightening margins.
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U.S. lead times are faster, but unit costs average 2× higher than China.
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India offers lower costs than U.S., but lead times are inconsistent and variable.
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3. [READ] The Surge in Ocean Shipping Rates Is Peaking |
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Spot rate for 40′ Asia → U.S. West Coast container dropped to $5,840 from ~$6,000.
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Shanghai Containerized Freight Index fell 6.8%; Shanghai → West Coast rates down nearly 27%.
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Tariff-driven import surge inflated rates; demand now cooling as retailers pull orders forward into Q2.
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[READ] Best Business Credit Cards for Each Expense Category |
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Travel expenses – Chase Ink Business Preferred
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Advertising expenses – American Express® Business Gold Card
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Office expenses – Chase Ink Cash
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Fuel expenses – U.S. Bank Triple Cash Rewards Visa® Business Card
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Overseas inventory expenses – Capital One Spark Cash
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General business expenses – Chase Ink Business Unlimited
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Reply to this email and let us know. 😊 |
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