China Slams US ‘Suppression’ As Trade War Deep
Beijing accused the United States Wednesday of “suppression” after its postal service said it was suspending parcels from China and Hong Kong, a move that could hit e-commerce giants Temu and Shein. Tensions between the US and China have soared in recent days as the world’s two largest economies slapped a volley of tariffs on each others’ imports, hitting hundreds of billions of dollars in trade. On Tuesday, the US Postal Service (USPS) also scrapped a duty-free exemption for low-value packages. The “de minimis” exemption allows goods valued at $800 or below to enter the United States without paying duties or certain taxes, but it has faced scrutiny due to a surge in shipments in recent years.
Admin | 2025-02-06 09:13:49