💨 Abstract

The US Postal Service has reversed its 12-hour suspension on parcels from China and Hong Kong, following President Trump's closure of a duty-exemption used by retailers like Amazon, Shein, and Temu. The move adds to confusion among retailers and shipping firms, as they navigate Trump's new 10% tariff on Chinese imports and the closure of the "de minimis" duty exemption for packages under $800.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖