Hong Kong Post suspends processing of parcels to and from the United States. This is reported by UNN with reference to CNN.
Details
It is noted that Hongkong Post, the postal service in the semi-autonomous Chinese city, will stop processing parcels coming from or going to the United States amid the escalating trade war. The Hong Kong government cited US President Donald Trump's decision to abolish the so-called "de minimis" exception for postal items sent from the city to the United States.
The US is acting unreasonably by intimidating and abusing tariffs. The Hong Kong public should be prepared to pay exorbitant and unreasonable fees due to the US's unreasonable and intimidating actions.
They clarified that from April 27, the postal service will immediately stop accepting parcels transported by sea and air.
Let us remind you
On April 7, the Taiwanese stock market suffered its biggest single-day drop in history due to investor fears over Trump's tariffs. TSMC, Foxconn and MediaTek were the most affected.