Hong Kong Post Suspends All Package Shipments To The U.S.—Blames Tariffs [Forbes]
JD.com, Inc. - American Depositary Shares (JD)
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Source: Forbes
tariffs and the removal of an exemption that allowed lower value shipments to the U.S. duty free. Key Facts Authorities in Hong Kong said Wednesday the city's postal service will stop accepting surface shipments “destined to the US with immediate effect.” For items sent by air mail, Hong Kong Post will stop accepting goods destined for the U.S. starting April 27. The city's officials attacked President Donald Trump's 145% tariff on all imports from China—which also applies to goods from the semi-autonomous city—saying: “The U.S. is unreasonable, bullying and imposing tariffs abusively.” The Hong Kong officials said the city's postal service will “definitely not collect any so-called tariffs on behalf of the U.S.” and therefore it has decided to halt all outbound shipments. Goods that have been sent to Hong Kong Post but not yet been shipped to the U.S. will be returned to the senders, who will be refunded the postage amount. Other postal items, including documents and le
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