EconomyLens.com
No Result
View All Result
Friday, July 31, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

US Postal Service says suspending parcels from China

Thomas Barnes by Thomas Barnes
February 5, 2025
in Economy
Reading Time: 3 mins read
A A
1
27
SHARES
342
VIEWS
Share on FacebookShare on Twitter

The US Postal Service says it will temporarily suspend inbound parcels from China and Hong Kong, shortly after Washington imposed fresh tariffs on Beijing. ©AFP

Washington (AFP) – The US Postal Service (USPS) has said it is temporarily suspending inbound parcels from China and Hong Kong, evoking an angry accusation of “unreasonable suppression” from Beijing on Wednesday. The order follows US President Donald Trump’s imposition of additional 10 percent tariffs on Chinese imports starting Tuesday. Minutes after they took effect, Beijing unveiled new levies on a wide range of US goods in retaliation, fuelling fears of an escalating trade war between the world’s two largest economies.

Related

Profits surge at US oil giant amid Iran war supply shock

Greek visa scheme gives Turks easier entry to islands in EU

China factory activity slides as leaders seek spending boost

Oil industry sees war windfall but girds for political blowback

US economic growth slows in second quarter, missing expectations

The USPS halt, which was unveiled over the weekend, will take place “until further notice.” Asked about the suspension at a regular news briefing on Wednesday, China’s foreign ministry said that “as a matter of principle…we urge the United States to stop politicizing trade and economic issues and using them as tools, and to stop the unreasonable suppression of Chinese companies.” Spokesman Lin Jian added that China would “continue to take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies.”

The order also eliminated a duty-free exemption for low-value packages. The “de minimis” exemption allows goods valued at $800 or below to come into the United States without paying duties or certain taxes. But it has faced scrutiny because of a surge in shipments claiming the exemption in recent years. US officials pointed to the growth of Chinese-founded online retailers Shein and Temu as a key factor behind this increase — and Tuesday’s halt could delay parcels from both

© 2024 AFP

Tags: Chinatariffsusps
Share11Tweet7Share2Pin2Send
Previous Post

Stock markets stutter as traders weigh China-US trade flare-up

Next Post

Nissan shares fall as reports say Honda merger talks off

Thomas Barnes

Thomas Barnes

Related Posts

Economy

Eurozone economy grows despite Middle East war

July 30, 2026
Economy

Crisis-hit Cuba opens pharmacies, gas stations to private firms

July 30, 2026
Economy

BMW aims to cut 8,000 jobs by end 2027: company source

July 29, 2026
Economy

US Fed begins meeting with markets expecting steady interest rates

July 28, 2026
Economy

IMF boss hails ‘much sounder’ Argentine economy under Milei

July 27, 2026
Economy

Spanish wildfires intrude on holidaying foreign visitors

July 27, 2026
Next Post

Nissan shares fall as reports say Honda merger talks off

China holds out hope last-minute deal can avert US trade war

Toyota announces Lexus EV plant in Shanghai

Santander reports record profit for third straight year

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

French, Italian winegrowers face earliest ever harvest

July 31, 2026

New York sues online prediction markets giant Kalshi

July 31, 2026

Commerzbank agrees to talks with UniCredit after two-year standoff

July 31, 2026

Profits surge at US oil giant amid Iran war supply shock

July 31, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.