HomeBusinessUS Postal Service stops...

US Postal Service stops accepting parcels from China

Trump’s executive order eliminated an exemption that allowed goods worth $800 (£641) or less to enter the US without having to pay duties or certain taxes.

The so-called “de minimis” tax loophole faced increased scrutiny in recent years as Chinese e-commerce giants like Shein and Temu used it to reach millions of US customers.

In response China said it would implement tariffs on some US imports.

From 10 February coal and liquefied natural gas products (LNG) will face a 15% levy. Crude oil, agricultural machinery and large-engine cars will be subject to a 10% tariff.

President Trump is expected to speak to his Chinese counterpart Xi Jinping in the coming days.

“Trump’s tariff changes are especially sharp if goods were previously shipped via e-commerce directly from China to the US,” said trade expert Deborah Elms.

Close to half of all parcels entering the US under de minimis were sent from China, according to a 2023 report by the US Congressional committee on China.

US officials have pointed out that the large flow of parcels entering the country through this exemption made it increasingly difficult to screen them for possible illegal goods.

The BBC has contacted USPS to request more details about the decision.

Source link

- A word from our sponsors -

spot_img

Most Popular

More from Author

- A word from our sponsors -

spot_img

Read Now

India wraps up mass Hindu pilgrimage in IIOJK

Pilgrims began trek to the Amarnath ice pillar from near Pahalgam.Official Vijay Kumar Bidhuri says there were 415,000 pilgrims. India deploys...

Number Of Jan Dhan Accounts Crosses 55 Crore, FM Sitharaman Tells Banks To Reach Out More | Economy News

New Delhi: The number of bank accounts for the poor under the Prime Minister’s Jan Dhan Yojana have crossed the 55 crore mark with “most of these accounts belonging to people who had never even seen the door of a bank”, Finance Minister Nirmala Sitharaman said on...

Lightning “megaflash” stretching 515 miles long is recognized as new world record

A lightning flash that extended 515 miles from eastern Texas to near Kansas City, Missouri, in 2017 was recognized Thursday as a new world record. The flash — dubbed a "megaflash," or a single continuous long horizontal flash that can initiate up to hundreds...

Barclays becomes second UK bank to quit industry’s net zero group

Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines...

Monsoon Wellness Kit: 8 Essentials To Stay Safe From Seasonal Illnesses | Health and Fitness News

Last Updated:August 02, 2025, 13:07 ISTWith a little preparation, the rainy season doesn’t have to mean falling sick. From fever meds to fungal care, a monsoon wellness kit ensures you're ready for the season.Staying prepared with a basic wellness kit can go a long way.With the rains...

ISRO-NASA Joint Earth Observation Satellite NISAR Successfully Launched | India News

The Indian Space Research Organisation (ISRO) on Wednesday successfully launched NISAR (NASA-ISRO Synthetic Aperture Radar), a sophisticated Earth observation satellite developed in collaboration with the American space agency NASA, from Sriharikota. The mission, over a decade in the making with a joint investment of more than USD 1.5...

Norah O’Donnell’s new book, “We the Women,” uncovers history’s hidden female revolutionaries

There's a woman's name on the Declaration of Independence, and CBS News senior correspondent Norah O'Donnell admits she never knew it until researching her upcoming book.The discovery of Mary Katharine Goddard — the printer who risked treason charges to produce the founding document —...

Jane Street not cooperating with authorities; I-T probe faces hurdles: Report

Image used for representative purposes(AI image) NEW DELHI: Global trading company Jane Street is reportedly not assisting the Income Tax Department with their ongoing investigation, according to sources.Sources told ANI that the investigation faces significant challenges as the company's essential servers are situated outside India, with...