US tariff shake-up triggers 81% plunge in global parcels 📉
US suspends duty-free on parcels under $800, slashing mail traffic by 81%. Small e-commerce hubs in South and Southeast Asia face steep shipping challenges.
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US suspends duty-free on parcels under $800, slashing mail traffic by 81%. Small e-commerce hubs in South and Southeast Asia face steep shipping challenges.
Discover how the Belt and Road Initiative (BRI) is supercharging global connectivity, boosting inclusive growth, and countering unilateralism to reshape the world economy.
25 countries halt mail to the U.S. as the UPU sounds the alarm on new customs rules and de minimis cuts affecting small businesses worldwide.
Nations across the Americas are shifting trade away from the U.S. amid rising tariffs, seeking new global partners to diversify supply chains and spark innovation.
The US has extended the suspension of higher tariffs on China for another 90 days after talks in Stockholm, aiming to keep trade ties stable amid ongoing negotiations.
Despite being each other’s top trading partners and avoiding new tariffs, trade along the Texas-Mexico border is slowing down, causing supply chain headaches far beyond Texas.
New tariffs cut US GDP by $108B while rippling through the global economy, impacting trade and markets worldwide.
Trump threatens new tariffs on India over its Russian oil buys, intensifying global trade tensions.
Spanish economist warns EU gains little from the new US tariff deal, with Germany at risk from potential drops in auto sales.
Brazil and India reject U.S. demands to curb Russian oil imports, standing firm on free trade amid tariff pressures.