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Allyn International Raises Over $5,000 in Support of Sanibel Sea School

Fort Myers, FL — [May 15, 2025] — Allyn International is proud to announce its recent contribution to the Sanibel Sea School, raising over $5,000 this quarter through employee donations and a company match initiative. The Sanibel Sea School, part of the Sanibel-Captiva Conservation Foundation (SCCF), is dedicated to marine…

US Lowers Reciprocal Tariff on Chinese Imports to 10 Percent

Donald Trump has issued an executive order (EO) prescribing the means for reducing the 125% tariff against goods from China as a result of ongoing talks between the US in China in Geneva, Switzerland. Starting at 12:01 am on May 14, 2025, the 125% tariff against Chinese imports issued to…

USA and China agree to “Cease-Fire,” Reduce Their Punitive Tariffs

As a result of talks in Geneva, Switzerland, the White House has announced that the US and China have agreed to take joint measures to deescalate the trade war between the two nations. Most significantly, the US has agreed to reduce its 125% IEEPA tariff on products from China down…

Unlocking the Power of Annual Reports: Essential Knowledge for Business Success

As companies continue to grow, it’s not surprising that they will tend to register in a multitude of states. When a company begins conducting business activities in a new state, it must register with the state’s Secretary of State. Once the initial registration is complete, annual reports are generally required…

Unexpected Tariff Relief: White House Announces the “non-stacking” of Certain Tariffs

Certain additional tariffs implemented by the Trump administration will cease to apply cumulatively, according to an executive order (EO) issued by the White House on April 29, 2025. The EO, titled “ADDRESSING CERTAIN TARIFFS ON IMPORTED ARTICLES,” announces the “non-stacking” of several major tariff measures currently affecting US imports, meaning…

Relief from 125%, and the End of the De Minimus Exemption

On Friday, April 11, 2025, the White House issued an amendment to previous executive orders to provide an exemption for certain electronic goods from the “reciprocal” tariffs announced on April 2, 2025. Modified since April 2, the current configuration of these tariffs places a flat 10% on imports from all…

Antidumping and Countervailing Cases Update

Antidumping (AD) and countervailing (CV) duties are trade measures used to protect domestic industries from unfair competition. AD duties target products sold below fair market value, while CV duties address subsidies provided by foreign governments to their exporters. It is important to follow any relevant AD and CV cases for…

Last Week in Allyn Tax News (April 11, 2025)

Allyn Tax Fun Facts Happy Monday! Are you ready for more Allyn Tax Fun Facts? For decades, New York City's Cabaret Law required nightclubs to pay a special tax if patrons danced. The law was finally repealed in 2017 after nearly a century! To learn more, ask an expert here:…

Analysis of Q1 2025 Asia-Originated Freight Rates and Q2 Strategies

In the first quarter of 2025, ocean and air freight rates originating from Asia have experienced notable fluctuations across various cargo categories. Ocean Freight: General Cargo: The Shanghai Export Containerized Freight Index reported a steady increase, reaching 2,460.34 points by late December 2024. This trend is attributed to heightened demand…

Reciprocal Tariff Pauses & Increase for China

CSMS # 64701128 announced reciprocal tariffs are paused for 90 days for all adjusted reciprocal rates with the exception of China. The rate will be lowered back to 10% for the next 90 days for all countries except China. China’s (including Hong Kong & Macau) reciprocal tariff is now 125%.…

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