The U.S. Postal Service initially announced a ban on all inbound packages from China and Hong Kong, but reversed the decision the next day. This ban was in response to a 10% tariff on Chinese goods and the removal of a customs exception for small value parcels. The reversal came without explanation, but the Postal Service will work with Customs and Border Protection to implement a collection process for the new tariffs. The ban had the potential to disrupt online shopping platforms like Shein and Temu, leading to delays in shipments and potentially higher prices for consumers.
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Make room Starbucks and McDonald's. China's Mixue and other brands win fans in Southeast Asia
Chinese food and beverage brands, such as Mixue Group, are rapidly expanding across Southeast Asia, surpassing big American chains like Starbucks and McDonald's. Mixue's affordable offerings of ice cream, coffee, and bubble tea drinks have gained popularity, with over 45,000 stores worldwide. This trend reflects China's growing commercial and cultural influence in neighboring economies, as Chinese F&B brands open over 6,100 outlets in Southeast Asia, signaling a shift towards valuing Chinese products for their quality...
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