💨 Abstract

The U.S. Postal Service has temporarily suspended parcels from China and Hong Kong due to President Trump ending a trade provision used by retailers like Temu and Shein for duty-free low-value packages. The move follows Trump's imposition of an additional 10% tariff on Chinese goods and the elimination of the de minimis exemption that allowed U.S. shoppers to avoid tariffs on shipments below $800.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖