Hongkong Post Suspends US Parcels Amid New Tariffs

Hongkong Post has suspended all parcel shipments containing goods to the United States in response to the removal of the 'de minimis' exemption and the imposition of new US tariffs. Beginning May 2, a 120% tariff will be applied to such goods, with a $200 per item fee anticipated by June. The Hong Kong government criticized the US measures as 'unreasonable' and 'bullying,' and refused to collect US tariffs, prompting immediate suspension of surface mail and airmail by April 27. Only document shipments will continue. The move comes as Hong Kong lost its special trade status after the 2020 national security law, making it subject to the same tariffs as mainland China. The suspension is expected to significantly impact Hong Kong businesses and has contributed to a downturn in Chinese e-commerce stocks.