In 2024, the United States received four million duty-free parcels per day. Large online retailers – Chinese Shein and Temu – enjoyed duty-free imports. Trump canceled the duty-free status for goods from China worth less than $800, and now the US Postal Service must figure out how to collect duties in a new way, experts say.
The US Postal Service is suspending the acceptance of parcels from China and Hong Kong. The reasons are not specified, but Reuters notes that this was announced after Donald Trump canceled the duty-free status for goods from China worth less than $800.
Last year, the United States received four million such duty-free parcels per day. Large online retailers – Chinese Shein and Temu – used the duty-free status to deliver orders to Americans. According to experts, the USA now needs some time to figure out how to collect duties before allowing Chinese parcels to enter again.
Director of Investments, Head of the Asset Management Trust Department of Renaissance Capital Igor Danilenko agrees with this opinion:
Igor Danilenko
Director of Investments, Head of the Asset Management Trust Department of Renaissance Capital
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It is noted that letters and so-called “flat” shipments, i.e., less than two centimeters thick, will not be affected and will continue to arrive from China to the USA.