Us Postal Service Will 'continue Accepting' Parcels From China And Hong Kong In Quick Reversal
The US Postal Service said Wednesday it would 'continue accepting' parcels from China and Hong Kong, having earlier said it would temporarily stop Tuesday.
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- The US Postal Service has said it will resume handling parcels from China and Hong Kong.
- It announced the reversal less than 12 hours after saying it was temporarily pausing handling them.
- It said it would work with the Customs and Border Protection to "ensure the least disruption."
The US Postal Service has reversed its position on parcels from China and Hong Kong, saying it will continue accepting them.
It had announced Tuesday evening it was temporarily suspending handling these parcels, in a move that stood to hurt Chinese e-commerce retailers.
USPS said on Wednesday it would "continue accepting all international inbound mail and packages from China and Hong Kong Posts."
"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," it added.
The reversal came just 12 hours after the announcement it would stop handling the parcels.
When it announced the suspension, which did not apply to letters or flat mail, it did not elaborate on a specific reason for it.
It came after President Donald Trump imposed a new 10% tariff on all goods imported from China and ended the de minimis exemption that allowed packages worth less than $800, bound for individual consumers, to avoid tariffs.
Chinese e-commerce retailers like Shein and Temu stood to lose from the decision. Temu's parent company, PDD Holdings, was down in premarket trading on the Nasdaq Wednesday morning before the USPS announced it would resume handling parcels.
This is a developing story. Check in for updates.