Chart of the day, Chinese export small package to Us soar

Started by bosman, 2025-02-05 08:46

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Chinese  online sales plunged in Asian trading today after the  U.S. Postal Service  said it was temporarily suspending  incoming packages from China and Hong Kong. While  it's unclear what prompted the  USPS's decision, it comes after Trump revoked a  "de minimis" rule for China, which previously allowed small packages under $800 to enter the  United States duty-free.
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