The US postal service said it would suspend parcels from China and Hong Kong ‘until further notice’, after President Donald Trump scrapped a trade provision used by retailers to ship low value package duty-free to the U.S on Tuesday.
Trump’s administration had earlier imposed an additional 10% tariff on Chinese goods following repeated warnings that Beijing was not doing enough to halt the flow of fentanyl, a dangerous synthetic opioid, into the U.S.
Online retail stores like Amazon, Shein and Temu are expected to be affected by the removal of the “de minimis” clause which allows US shoppers to avoid paying tariffs on shipments below $800.
Fast-fashion retailer Shein and online dollar-store Temu, both of which sell products ranging from toys to smartphones, have grown rapidly in the U.S. thanks in part to the de minimis exemption.
The two firms together likely accounted for more than 30% of all packages shipped to the United States each day under the de minimis provision, the U.S. congressional committee on China said in a June 2023 report.
Nearly half of all packages shipped under de minimis come from China, according to the report.
Shein and Temu did not immediately reply to a request for comment.
China's foreign ministry called on Wednesday for dialogue and consultation between Beijing and Washington, adding that reducing demand for drugs at home and enhancing law enforcement cooperation was the fundamental way for the U.S. to solve its fentanyl crisis.
Four people, including two schoolchildren, have died after a train collided with a school minivan at a level crossing in the northern Belgian town of ...
UK shop price inflation rose to 1.2% in May from 1.0% in April as retailers continued to face mounting cost pressures across supply chains, according ...
The U.S. military has said it carried out defensive strikes in southern Iran after boats were seen laying mines in the Strait of Hormuz. Meanwhile, U...
A Palestinian shepherd says her family’s Eid al-Adha preparations were destroyed after dozens of sheep were allegedly stolen in a pre-dawn raid in t...
Seven people have died in France in incidents linked directly or indirectly to an ongoing early-summer heatwave, as large parts of western Europe cont...
FIFA has confirmed that Iran has moved its World Cup training base from the United States to Mexico, citing the ongoing war in the Middle East and related security concerns.
Farmers in Sudan say the war involving Iran is pushing up fuel and fertiliser prices, forcing many to cut back on planting and threatening food production in a country already struggling with widespread hunger.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Israeli Prime Minister Benjamin Netanyahu has told confidants that Israel has limited ability to influence U.S. President Donald Trump’s decisions on Iran, as Washington negotiates a deal aimed at ending the three-month-old war, according to two Israeli officials.
A peace agreement between Washington and Tehran is yet to materialise, with U.S. President Donald Trump saying that negotiations are incomplete and an Iranian Foreign Ministry Spokesman saying that a deal isn't imminent.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 25th May, covering the latest developments you need to know.
The World Health Organization warned on Monday that the fast-moving Ebola outbreak in the Democratic Republic of the Congo and Uganda was outpacing response efforts, with 220 suspected deaths reported so far.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 26 May, covering the latest developments you need to know.
As dawn broke on Monday, pilgrims began arriving at the sacred site of Mina west of Mecca, marking the start of Hajj - one of the most significant spiritual journeys in Islam.
UK shop price inflation rose to 1.2% in May from 1.0% in April as retailers continued to face mounting cost pressures across supply chains, according to new industry data.
Four people, including two schoolchildren, have died after a train collided with a school minivan at a level crossing in the northern Belgian town of Buggenhout on Tuesday morning, authorities have confirmed.
Seven people have died in France in incidents linked directly or indirectly to an ongoing early-summer heatwave, as large parts of western Europe continue to experience unusually high temperatures.
Thai-based cave divers have joined international efforts to rescue seven villagers trapped in a flooded gold mining cave in remote Laos after days of heavy rain cut off access underground.
Emergency teams rescued 320 tourists stranded in 65 cable cars in Kashmir after a gondola disruption triggered a six-hour evacuation operation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment