Tag #Usps

Showing 13 to 16 of 16 results

cnbc.com

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Feb 5, 07:10

USPS Suspends Inbound Packages from China and Hong Kong Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision, impacting Chinese e-commerce firms like Shein and Temu and potentially raising prices for U.S. consumers.

USPS Suspends Inbound Packages from China and Hong Kong Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision, impacting Chinese e-commerce firms like Shein and Temu and potentially raising prices for U.S. consumers.

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Responsible Consumption and Production

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How did the elimination of the "de minimis" provision and the new tariffs contribute to the USPS's decision?

The suspension of inbound packages from China and Hong Kong by USPS directly impacts Chinese e-commerce giants like Shein and Temu, who heavily relied on the now-eliminated "de minimis" loophole for inexpensive U.S. shipping. This action is a direct result of President Trump's new tariffs aimed at curbing the influx of cheap goods and addressing concerns about illicit imports, disrupting the established distribution channels.

elpais.com

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Feb 5, 16:14

USPS Suspends Package Delivery from China Amidst Escalating Trade War

The United States Postal Service temporarily suspended package deliveries from mainland China and Hong Kong following the Trump administration's imposition of new tariffs on Chinese goods, eliminating a loophole that allowed for cheaper imports of goods valued under $800; this action may be connecte...

USPS Suspends Package Delivery from China Amidst Escalating Trade War

The United States Postal Service temporarily suspended package deliveries from mainland China and Hong Kong following the Trump administration's imposition of new tariffs on Chinese goods, eliminating a loophole that allowed for cheaper imports of goods valued under $800; this action may be connecte...

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What is the immediate impact of the USPS suspension of package delivery from China on US consumers and businesses?

The United States Postal Service (USPS) has temporarily suspended package delivery from mainland China and Hong Kong. This follows the Trump administration's imposition of a 10% tariff on Chinese goods and the elimination of a loophole that allowed for cheaper imports of goods valued under \$800. The suspension's connection to the tariff dispute remains unconfirmed by USPS, although other major carriers continue operations.

nbcnews.com

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Feb 5, 10:10

USPS Suspends Inbound Packages from China Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision that allowed duty-free imports under $800, impacting major Chinese e-commerce firms like Shein and Temu, and potentially increasing ...

USPS Suspends Inbound Packages from China Amid New Tariffs

The U.S. Postal Service temporarily suspended all inbound packages from China and Hong Kong due to President Trump's new tariffs eliminating the "de minimis" provision that allowed duty-free imports under $800, impacting major Chinese e-commerce firms like Shein and Temu, and potentially increasing ...

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How did the elimination of the "de minimis" provision and the new tariffs contribute to the USPS decision?

This suspension follows President Trump's executive order imposing tariffs on China, eliminating the "de minimis" loophole. The House Select Committee on the Chinese Communist Party reported that Temu and Shein accounted for a significant portion of these imports. This action aims to level the playing field for U.S. businesses and address concerns about illicit goods.

dailymail.co.uk

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Jan 15, 10:09

Oshkosh Prepared to Scrap USPS Electric Truck Deal Under Trump

Oshkosh Corp., the maker of the USPS's electric mail trucks, says it will switch to gas vehicles if the incoming Trump administration cuts EV orders; this follows President Biden's $3 billion investment in USPS electrification and a $2.98 billion order for 50,000 electric trucks from Oshkosh, highli...

Oshkosh Prepared to Scrap USPS Electric Truck Deal Under Trump

Oshkosh Corp., the maker of the USPS's electric mail trucks, says it will switch to gas vehicles if the incoming Trump administration cuts EV orders; this follows President Biden's $3 billion investment in USPS electrification and a $2.98 billion order for 50,000 electric trucks from Oshkosh, highli...

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What is the immediate impact of a potential shift away from electric mail trucks for Oshkosh Corp. and the USPS?

Oshkosh Corp., the manufacturer of the USPS's electric mail trucks, is prepared to switch to gas-powered vehicles if the incoming Trump administration reduces orders for EVs. This decision comes after President Biden's Inflation Reduction Act allocated $3 billion for USPS's electrification, and Oshkosh received a $2.98 billion order for 50,000 electric trucks. The potential shift could significantly impact Oshkosh's earnings, with estimates suggesting a 50-60 cent per share hit.

Showing 13 to 16 of 16 results