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USPS quickly suspends some inbound programs from China, Hong Kong

USPS quickly suspends some inbound programs from China, Hong Kong

Technology

USPS quickly suspends some inbound programs from China, Hong Kong

A United States Postal Carrier assistant pushes a cart of programs in Untouched York Town, on Dec. 4, 2023.

Brendan Mcdermid | Reuters

The U.S. Postal Carrier stated Tuesday it’s quickly postponing all inbound programs from China and Hong Kong Posts.

The trade is valuable instantly and can stay “until further notice,” according to an alert posted to the company’s website online. Letters and immense envelopes, known as “flats,” despatched from China and Hong Kong gained’t be impacted, the USPS stated.

The announcement comes upcoming President Donald Trump on Saturday signed govt orders implementing price lists on China, Mexico and Canada. Trump on Monday affirmative to book off on implementing 25% price lists on Canada and Mexico for 30 days, however the 10% tax on items from China rest.

A provision within the orders gets rid of a prevailing business loophole, referred to as “de minimis,” which permits exporters to send programs virtue lower than $800 into the U.S. accountability sovereign.

Chinese language e-commerce companies, together with Shein and PDD Holdings‘ Temu, have relied at the de minimis loophole so as to diversion price lists, and retain costs low.

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