Download Unicorn Signals App

By EquityPandit

WORLD

US Postal Service Suspends Incoming Packages from China, Hong Kong

USPS has not confirmed any link to former President Trump's trade policy.

The U.S. Postal Service (USPS) has temporarily suspended accepting inbound parcels from China and Hong Kong Posts, effective 4th February. 

However, letters and ‘flats’ remain unaffected by the suspension.

USPS has not clarified whether this decision is linked to former President Donald Trump’s trade policy move to end ‘de minimis’ shipments from China and other countries. 

The policy includes a 10% tariff on Chinese imports and 25% tariffs on goods from Canada and Mexico, although these tariffs have been temporarily paused for a month.

A U.S. congressional committee on China highlighted in a June 2023 report that nearly half of all ‘de minimis’ packages originate from China.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
Latest
IPO
Weekly
Outlook

Stock
Market
Prediction