Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home News

USPS resumes shipments from China in abrupt about-face

by
February 5, 2025
in News
0
USPS resumes shipments from China in abrupt about-face
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

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

GM cuts 50% of Cruise staff after ending robotaxi business

Next Post

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

Next Post
Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Is a Chinese chain’s blood orange cold brew the future of coffee in America?

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Is a Chinese chain’s blood orange cold brew the future of coffee in America?

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

July 7, 2025
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

July 4, 2025
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

July 3, 2025
Microsoft laying off about 9,000 employees in latest round of cuts

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Recent News

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

July 7, 2025
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

July 4, 2025
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

July 3, 2025
Microsoft laying off about 9,000 employees in latest round of cuts

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved