Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

US Postal Service restarts China deliveries as Trump tightens import tax rules

by February 6, 2025
February 6, 2025
US Postal Service restarts China deliveries as Trump tightens import tax rules

The US Postal Service (USPS) has resumed accepting parcels from mainland China and Hong Kong, reversing a brief suspension triggered by new trade measures introduced by President Donald Trump.

The move follows a dramatic shift in America’s import duties, with the White House scrapping an exemption that previously allowed packages worth under $800 (£641) to enter the country tax-free.

The rapid policy change caused temporary disruption to cross-border shipments. USPS acknowledged the brief suspension of parcel deliveries from China but said it is now “working closely” with US Customs and Border Protection (CBP) to collect tariffs efficiently and minimise delays. Letters are unaffected by the new rules, but the import of consumer goods, notably fashion items, now faces higher taxes and stricter checks.

Online retailers Shein and Temu are among those that had benefited most from the former duty-free threshold, which had also helped them expand rapidly in the UK and the EU. Critics argue that waiving duties on small parcels undercuts domestic retailers and deprives governments of vital tax revenue. Nick Stowe, chief executive of Monsoon Accessorize, praised the US clampdown, stating that Shein “exploited this loophole” to build a “business at an industrial scale”.

Other countries are following the US example. The EU has plans to increase customs checks on so-called “low-value” shipments—currently exempt on items worth less than €150 (£124)—and has warned fashion platforms such as Shein and Temu they will be held liable if unsafe products are sold on their websites. According to the European Commission, 4.6 billion low-value items were imported into the EU last year, with 91% originating in China.

UK retailers, including Superdry boss Julian Dunkerton, want similar reforms to close what they see as an unfair gap in import duty. Under British rules, parcels worth less than £135 sent directly to individual shoppers are currently duty-free. “The rules weren’t made for a company sending individual parcels [and] having a billion-pound turnover in the UK without paying any tax,” Dunkerton said, arguing that e-commerce giants should pay their “fair share”.

Washington’s broader tax overhaul includes a 10% tariff on all goods imported from China. In response, Beijing has threatened retaliatory measures against US businesses. With tensions escalating on both sides, and President Trump saying he is in “no rush” to meet Chinese president Xi Jinping, further disruption to global supply chains may lie ahead.

Read more:
US Postal Service restarts China deliveries as Trump tightens import tax rules

0
FacebookTwitterGoogle +Pinterest
previous post
Estée Lauder to axe up to 7,000 jobs as global sales decline
next post
Ex-fortnum chief Venters fashions new role at Paul Smith

You may also like

No US trade deal on the horizon, admits...

September 20, 2022

Domestic Violence Dissertation – 10 Key Elements to...

January 20, 2024

Revolut co-founder warns of British talent exodus amid...

November 30, 2024

HMRC considers overhaul of £8bn R&D tax credit...

March 29, 2025

Britain relies on just 1M top earners for...

October 14, 2024

UK classifies trade documents as ‘secret’ to shield...

April 17, 2025

Tailoring Your CV for International Opportunities

January 7, 2025

Should You Work with Your Spouse? Pros and...

October 18, 2023

How to supercharge your corporate LinkedIn profile in...

May 29, 2024

An Interview with Jonathan Bergsma: Charting New Courses

April 28, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump, lawmakers react after ‘big, beautiful bill’ clears Senate hurdle

      June 29, 2025
    • How Staff Can Strengthen HIPAA Compliance and Security

      June 29, 2025
    • Lotus denies plans to close Hethel factory amid US expansion talks

      June 29, 2025
    • Top university degrees lose sway as tech employers prioritise job-ready skills

      June 29, 2025
    • Government urges supermarkets to make healthy food more appealing in bid to tackle obesity crisis

      June 29, 2025
    • Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

      June 29, 2025

    Categories

    • Business (8,334)
    • Investing (2,081)
    • Politics (15,854)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.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.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved