Alibaba, PDD Holdings shares drop after US Postal Service suspends shipments from China, Hong Kong
The USPS did not cite any reason for the temporary suspension. The halt followed US President Donald Trump's decision to do away with the so-called “de minimis” exemption for low-value packages.
Voices: China won’t take Trump’s trade assault lying down… here’s how
COMMENT: Trump’s impact on e-commerce, which he sees as a no-lose proposition, has unsettled Xi and his policymakers. Michael ...