Hong Kong suspends postal service for good bound for US - refuses to collect tariffs ...Middle East

“The Government of the United States (US) announced earlier that it would eliminate the duty-free de minimis treatment for postal items despatched from Hong Kong to the US and increase the tariffs for postal items containing goods to the US starting from May 2.

Hongkong Post will definitely not collect any so-called tariffs on behalf of the US and will suspend the acceptance of postal items containing goods destined to the US”

This article was written by Eamonn Sheridan at www.forexlive.com.

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