USPS temporarily suspends some inbound packages from China, Hong Kong

USPS temporarily suspends some inbound packages from China, Hong Kong


A United States Postal Service worker pushes a cart of packages in New York City, on Dec. 4, 2023.

Brendan Mcdermid | Reuters

The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts.

The change is effective immediately and will remain “until further notice,” according to an alert posted to the agency’s website. Letters and large envelopes, referred to as “flats,” sent from China and Hong Kong won’t be impacted, the USPS said.

The announcement comes after President Donald Trump on Saturday signed executive orders imposing tariffs on China, Mexico and Canada. Trump on Monday agreed to hold off on imposing 25% tariffs on Canada and Mexico for 30 days, but the 10% tax on goods from China remains.

A provision in the orders eliminates a popular trade loophole, known as “de minimis,” which allows exporters to ship packages worth less than $800 into the U.S. duty free.

Chinese e-commerce firms, including Shein and PDD Holdings‘ Temu, have relied on the de minimis loophole as a way to bypass tariffs, and keep prices low.



Source

Asian chip names rally as Nvidia forecasts hotter-than-expected sales after earnings beat
Technology

Asian chip names rally as Nvidia forecasts hotter-than-expected sales after earnings beat

A 300mm wafer on display at the booth of Taiwan Semiconductor Manufacturing Company during the 2023 World Semiconductor Conference at Nanjing International Expo Center on July 19, 2023, in Nanjing, China. Vcg | Visual China Group | Getty Images Asian chip stocks rallied in early trading Thursday after American AI chip darling Nvidia beat Wall […]

Read More
Palo Alto tops earnings expectations, announces Chronosphere acquisition
Technology

Palo Alto tops earnings expectations, announces Chronosphere acquisition

Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday. The stock […]

Read More
Meta chief AI scientist Yann LeCun is leaving to create his own startup
Technology

Meta chief AI scientist Yann LeCun is leaving to create his own startup

Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers […]

Read More