Hongkong Post Suspends US-bound Shipments Amid Tariff Escalation
Hongkong Post Suspends US-bound Shipments Amid Tariff Escalation

Hongkong Post Suspends US-bound Shipments Amid Tariff Escalation

News summary

In a reaction to new tariffs imposed by the U.S. government, Hongkong Post has announced a halt on parcel shipments to and from the United States, effective immediately for surface mail and starting April 27 for airmail. This decision comes as President Trump's recent executive order eliminates the 'de minimis' exemption for packages valued under $800, leading to tariffs that could reach up to 200%. The Hong Kong government has criticized the U.S. actions as 'unreasonable' and 'bullying', stating that they will not collect tariffs on behalf of the U.S. and warning that sending items to the U.S. may incur exorbitant fees. Notably, shipments containing only documents will remain unaffected by these restrictions. This development is part of the escalating trade tensions between the U.S. and China, which have significant implications for Hong Kong's economy, traditionally reliant on favorable trade relations. The situation reflects the growing complexities of international trade policies as both nations navigate a heated tariff war.

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Last Updated
10 days ago
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