Chaos and confusion over the United States Postal Service in response to a developing trade war with China.
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00:00Chaos and confusion over the United States Postal Service in response to a developing trade war with China.
00:07USPS now halting an order to suspend incoming shipments from China
00:13that threatened to severely disrupt trade between the world's two biggest economies.
00:18A day after announcing the suspension in the wake of President Trump's China tariffs,
00:23the Postal Service saying in an online update it would continue accepting
00:28all international inbound mail and packages from China and Hong Kong.
00:33Trump's tariffs also eliminated the so-called de minimis exemption
00:38that allows goods less than $800 to come into the US without paying duties or certain taxes.
00:45The exemption had an enormous impact on the growth of Chinese e-commerce companies
00:50Taimu and Xian who sell billions of dollars of cheap goods to Americans.