Today in Global Small Business: Can a 99-Cent Iced Tea Survive Trump’s Tariffs?

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What's affecting me, my clients, my colleagues and other global small business owners:

• “I hate even the thought of it,” Don Vultaggio, the founder and chairman of the AriZona Beverage Company, said of the prospect of raising the 99-cent price of a tallboy can of the company’s signature iced tea.
• Actions to take now because of the new tax law.
• The end comes (at least for now) on the de minimis rule for all US imports on August 29, 2025.
• Quote of the week:  "Take some time to relax and enjoy a glass of iced tea [while it is still 99-cents]. Sometimes the simplest moments bring the greatest pleasure." – Anonymous 
• The era of tariffs.
• How Kentucky bourbon went from boom to bust.

Today in Global Small Business: Global Expansion Simplified for SMEs

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What's affecting me, my clients, my colleagues and other global small business owners:

• Global expansion simplified for SMEs.
• FAQs for tariffs and customs regulations.
• Shein’s and Temu’s prices will get hit even harder by the new de minimis rule.
• Quote of the week:  "Don’t be afraid to give up the good to go for the great." — John D. Rockefeller
• How to sell on eBay in 2025.
• reddit member asks:  Etsy Sellers: How many of you ship worldwide? Is international selling that easy?

The De Minimis Rule is a Cornerstone of Small Business Success Globally

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The de minimis rule is a cornerstone of small-business success globally. It allows goods valued under $800 to enter the U.S. with minimal customs paperwork, no need for a broker and streamlined processing.

For small businesses, this simplified process is a lifeline. It makes global trade possible and helps businesses manage their supply chains without excessive regulation and cost. The potential removal de minimis will hurt small businesses and ultimately hurt customers.

The questions also becomes how does the de minimus rule help the SHEIN's and TEMU's of the world?

Read on because there are pros and cons.