Hong Kong’s submit workplace will cease transport small parcels to the US after Washington introduced plans to cost tariffs on small-value parcels from the southern Chinese language metropolis, the federal government mentioned Wednesday.
The U.S. authorities earlier introduced that it could finish a customs exception permitting small-value parcels from Hong Kong to enter the U.S. with out tax, slapping a 120% tariff on them ranging from Might 2. The “de minimis” exemption at present permits shipments which might be value lower than $800 to go tax-free.
A authorities assertion mentioned Hongkong Publish wouldn’t acquire tariffs on behalf of Washington, and can droop accepting non-airmail parcels containing items destined for the U.S. on Wednesday, since gadgets shipped by sea take extra time. It should settle for airmail parcels till Apr. 27.
“For sending gadgets to the US, the general public in Hong Kong must be ready to pay exorbitant and unreasonable charges as a result of U.S.’s unreasonable and bullying acts,” the federal government wrote.
It should proceed accepting mail that accommodates solely paperwork.
Hong Kong, is caught in the midst of the commerce disputes between the U.S. and China regardless of being a free port.
The previous British colony, which returned to Chinese language rule in 1997, has commerce and customs insurance policies totally different from mainland China’s, beneath the semi-autonomy granted by Beijing in the course of the handover. However Washington started treating it as a part of China after Beijing imposed a nationwide safety legislation in 2020, and has utilized the 145% tariffs imposed on Chinese language imports.
The nationwide safety legislation, which China says has introduced again stability to town, has nearly silenced all dissent.
This story was initially featured on Fortune.com
