BusinessPostCorner.com
No Result
View All Result
Sunday, July 19, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Hong Kong will stop shipping small packages to the U.S. after Trump drops ‘de minimis’ exemption that let Shein and Temu sell to Americans

April 16, 2025
in Business
Reading Time: 2 mins read
A A
0
Hong Kong will stop shipping small packages to the U.S. after Trump drops ‘de minimis’ exemption that let Shein and Temu sell to Americans
ShareShareShareShareShare

Hong Kong’s post office will stop shipping small parcels to the United States after Washington announced plans to charge tariffs on small-value parcels from the southern Chinese city, the government said Wednesday.

The U.S. government earlier announced that it would end a customs exception allowing small-value parcels from Hong Kong to enter the U.S. without tax, slapping a 120% tariff on them starting from May 2. The “de minimis” exemption currently allows shipments that are worth less than $800 to go tax-free.

A government statement said Hongkong Post would not collect tariffs on behalf of Washington, and will suspend accepting non-airmail parcels containing goods destined for the U.S. on Wednesday, since items shipped by sea take more time. It will accept airmail parcels until Apr. 27.

“For sending items to the US, the public in Hong Kong should be prepared to pay exorbitant and unreasonable fees due to the U.S.’s unreasonable and bullying acts,” the government wrote.

It will continue accepting mail that contains only documents.

Hong Kong, is caught in the middle of the trade disputes between the U.S. and China despite being a free port.

The former British colony, which returned to Chinese rule in 1997, has trade and customs policies different from mainland China’s, under the semi-autonomy granted by Beijing during the handover. But Washington began treating it as part of China after Beijing imposed a national security law in 2020, and has applied the 145% tariffs imposed on Chinese imports.

The national security law, which China says has brought back stability to the city, has virtually silenced all dissent.

This story was originally featured on Fortune.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

EY investigated over Post Office Horizon audit

Next Post

Markets Turn Red as Nvidia Plunges on $5.5B Charge From China Chip Ban

Next Post
Markets Turn Red as Nvidia Plunges on .5B Charge From China Chip Ban

Markets Turn Red as Nvidia Plunges on $5.5B Charge From China Chip Ban

Cardano Short Squeeze Risk Builds as Van Rossem News Builds

Cardano Short Squeeze Risk Builds as Van Rossem News Builds

July 17, 2026
Wall Street’s record profits boost NYC tax revenues

Wall Street’s record profits boost NYC tax revenues

July 17, 2026
Andy Burnham: Five headaches for the incoming prime minister

Andy Burnham: Five headaches for the incoming prime minister

July 17, 2026
Xbox layoffs: What’s next for the video game giant?

Xbox layoffs: What’s next for the video game giant?

July 15, 2026
NYC lawyers slam pied-a-terre tax as a ‘half-baked money grab’

NYC lawyers slam pied-a-terre tax as a ‘half-baked money grab’

July 13, 2026
Hormuz route open despite Iran declaration, maritime group says

Hormuz route open despite Iran declaration, maritime group says

July 12, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Chinese firm seeks compensation over British Steel nationalisation

Chinese firm seeks compensation over British Steel nationalisation

July 19, 2026
XRP Price Prediction : Can XRP Hold  Next Week?

XRP Price Prediction : Can XRP Hold $1 Next Week?

July 19, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!