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The 40% plunge from the same month last year marks a sharp reversal for a booming trade route, coming just as the U.S. government eliminated a long-standing tariff loophole.
US Tariffs On China Small Parcels: The recent spike in US tariffs on small packages from China has led to a significant decline in shipments, affecting major exporters like Shein and Temu, and ...
You then hover nervously outside the vestry until the Dean arrives to put the incense into the thurible (a move that somehow ...
A key US trade exemption is gone, and Chinese exporters are paying the price. Chinese exports of low-value parcels to the United States plunged 40 per cent in May year-on-year, falling to just over $1 ...
US tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein Group Ltd.
With Saudi Arabia now being home to a myriad of luxurious hotels from rock-hewn retreats to Nobu-branded modern masterpieces.
The value of small parcels sent from China to the US fell to just over $1 billion in May, the least since early 2023, according to customs data released Friday. The 40% plunge from the same month last ...
Currently in a state of civil war, "The strategic location of Yemen at the entrance of the Red Sea made it a crossroad for both ancient and modern trade and communication routes," writes John P. Smith ...
One of the Middle East’s most rewarding destinations, Jordan offers history, nature and adventure in equal measure – this ...