Day Trading Reports
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Day Trading Reports

Business

USPS resumes shipments from China in abrupt about-face

by admin February 6, 2025
February 6, 2025
USPS resumes shipments from China in abrupt about-face

The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing so.

‘Effective February 5, 2025, the Postal Service will continue accepting all international inbound mail and packages from China and Hong Kong Posts,’ it said in an updated statement Wednesday morning. ‘The USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption to package delivery.’

The Postal Service had earlier announced it would stop accepting packages from China, as well as Hong Kong, in the wake of the Trump administration’s decision to impose a new round of 10% tariffs on all goods coming from the country.

Letters and flats were not affected by the initial announcement. While the Postal Service did not offer an explanation for the shipment halt, Trump ended a so-called ‘de minimis’ exemption for Chinese goods worth less than $800 in making the tariff announcement.

A Chinese Foreign Ministry spokesperson had earlier said China would take “necessary measures” to protect its companies, The Associated Press reported — urging the U.S. to “stop politicizing economic and trade issues and using them as a tool, and to stop unreasonably suppressing Chinese companies.”

CORRECTION (Feb. 5, 2025, 10:35 a.m. ET): A previous version of this article misstated when the Postal Service announced it would resume accepting shipments from China. The move came 12 hours after it stopped doing so, not 24.

This post appeared first on NBC NEWS

previous post
Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers
next post
GM cuts 50% of Cruise staff after ending robotaxi business

Related Posts

Video game maker Electronic Arts to be acquired...

October 1, 2025

Starbucks announces several changes, including plans to cut...

January 31, 2025

From tariffs to DOGE, what companies are saying...

February 19, 2025

Group accused of using fake accounts to buy...

August 20, 2025

CEOs want workers back in offices—this company is...

February 22, 2025

Home Depot is buying GMS for about $4.3...

July 1, 2025

IBM pledges $150 billion to boost U.S. tech...

April 30, 2025

AI-powered sports media company raises $13 million, led...

February 13, 2025

Ontario to remove U.S. alcohol from shelves after...

February 4, 2025

Tesla agrees to first deal to build China’s...

June 22, 2025

    [doubleoptin_header]


    [doubleoptin_footer]

    Editors’ Picks

    • 1

      Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan

      January 31, 2025
    • 2

      Mega M&A: Rio Tinto-Glencore Merger Sparks Chatter

      January 28, 2025
    • 3

      Excellent 90% recoveries at Cork Tree Well & Board Update

      February 17, 2025
    • 4

      Rare Earths Stocks: 9 Biggest Companies in 2025

      April 8, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 7

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    [disclaimer_helper]

    [copyright_helper]