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Sunday, February 16, 2025

Xiaomi to invest $4.2...

At Beijing’s Haidian District Economic and Social High-Quality Development Conference yesterday, Xiaomi...

BJP’s legislative party to...

NEW DELHI: After a historic victory in the Delhi Assembly...

Tea shop gutted in...

A tea shop located on the Tiruchengode New Bus Stand road was...

Bank Of Maharashtra Gets...

New Delhi: Government-owned Bank of Maharashtra announced on Sunday that it has...
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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.

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