Thursday, November 12, 2026

US Postal Service suspends incoming packages from China, Hong Kong

Date:

The U.S. Postal Service will temporarily suspend accepting inbound parcels from China and Hong Kong Posts until further notice, the USPS website showed.The change, effective from Feb. 4, will not impact the flow of letters and ‘flats’ from China and Hong Kong, according to the website.

USPS did not immediately comment on whether this was tied to U.S. President Donald Trump’s change to ending ‘de minimis’ shipments from China and other countries.
Trump’s halt to Section 321 de minimis is part of his implementation of an additional 10 per cent tariff on China and 25 per cent tariffs on Canada and Mexico, which were paused for a month.Nearly half of all packages shipped under ‘de minimis’ come from China, the U.S. congressional committee on China said in a June 2023 report.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

‘Trump has cost us’: After midterm losses, MAGA asks if it’s over

As Republicans faced a nationwide drubbing in Tuesday’s midterm...

Prashant Jain sees 12-15% annual returns from Indian equities over 3-5 years

Question We've had a very painful period for the equity...

Raamdeo Agrawal sees FIIs return as earnings improve and valuations turn attractive

Question Looking at the valuation compression across the market, are...

Stocks to Watch for November 2: Reliance Industries, Jio Platforms, BEL, Vodafone Idea, IOC, M&M and more

From Reliance Industries and Jio Platforms reporting strong quarterly...