Amazon and Temu’s owner sees stock-market pressure as U.S. Postal Service to stop accepting Chinese parcels
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U.S. Postal Service Halts Parcel Service From China as Trump’s Trade Curbs Begin
The U.S. has been importing about four million parcels a day with little customs inspection, most of them from China, raising concerns about the ease of sending fentanyl.The New York Times - 23m -
US Postal Service halts China parcels after Trump tariffs
Donald Trump has closed a loophole so low value parcels of goods such as clothing will now be taxed.BBC News - 46m -
Trump’s Takeover Plan for Gaza, and Postal Service Halts Packages From China
Plus, how The Sims turned gamers into gods.The New York Times - 1h -
US Postal Service suspends China packages as tariff war heats up
Donald Trump’s decision to put levies on lower-priced goods reverberates in world’s second-largest economyFinancial Times - 2h -
US Postal Service suspends parcels coming in from China and Hong Kong
Latest development in escalating trade war comes as Trump says he is in ‘no rush’ to speak with Xi. The US Postal Service has suspended incoming parcels from China and Hong Kong until further ...The Guardian - 2h -
Google owner drops promise not to use AI for weapons
Alphabet guidelines no longer refer to not pursuing technologies that could ‘cause or are likely to cause overall harm’. The Google owner, Alphabet, has dropped its pledge not to use artificial ...The Guardian - 3h -
Trump’s crackdown on trade loophole to hit Shein and Temu — and help Amazon
Scrapping of ‘de minimis’ rules could slow deliveries and raise costs for Chinese groups, say analystsFinancial Times - 23h -
U.S. Postal Service suspends inbound parcels from China and Hong Kong
Tariffs on goods from China go into effectNBC News - 23h -
U.S. Diplomat Pressures Panama over Chinese Canal Businesses
Panama’s president said his country’s sovereignty over the waterway is not up for discussion.Inc. - 2d -
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including Temu and Shein.NBC News - 2d -
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein
President Donald Trump's tariffs against China, Canada and Mexico target a trade provision that helped spur the rise of low-cost retailers, including Temu and Shein.CNBC - 2d -
Trump says Venezuela will accept migrants returned from US
The move follows talks between Maduro and a Trump envoy that led to the release of six US detainees.BBC News - 3d -
Temu, Shein and Amazon to be liable in EU for ‘unsafe’ or ‘illegal’ goods
Proposed customs reform would allow officials to better inspect and control packages from ChinaFinancial Times - 4d -
US central bankers resist Trump’s pressure to cut interest rates
Also in today’s newsletter, the White House’s U-turn on freezing federal fundingFinancial Times - 5d -
Yankees owner Hal Steinbrenner says it's 'difficult for us owners' to match Dodgers' spending
It's tough for the Yankees when the big, bad Dodgers are outspending them.Yahoo Sports - 6d -
Yankees owner Hal Steinbrenner laments Dodgers' spending spree: 'It's difficult for most of us owners'
Steinbrenner's estimated net worth is $1.5 billion, according to ForbesCBS Sports - 6d -
Vans transporting 26 Chinese migrants stopped in Florida; 2 smugglers detained
An investigation was underway in Coral Gables, Florida, after officers intercepted two vans that were transporting more than two dozen Chinese migrants Tuesday morning.NBC News - Jan. 28 -
Trump pressures Egypt and Jordan to accept Gaza ‘clean out’ plan
US president could use aid as leverage to ensure countries back his idea of relocating people from enclaveFinancial Times - Jan. 28 -
Colombia backs down and accepts US deportation flights to avert trade war
President Gustavo Petro agrees to accept deported migrants after Trump ordered 25% tariffs on all goods.BBC News - Jan. 27 -
DOJ orders legal service providers to stop providing support at immigration courts
The Department of Justice has told legal service providers who receive federal funding to stop providing legal orientation to immigrants at immigration courts.ABC News - Jan. 23 -
TikTok owner asks Chinese staff in Singapore to pay taxes to Beijing
ByteDance’s missive comes as China steps up enforcement of global tax collectionFinancial Times - Jan. 22 -
Parcel services in Germany increasingly deliver to automated machines
Yahoo News - Jan. 21 -
Why Trump Sees a Chinese Threat at the Panama Canal, and Locals Don't
The new administration sees Chinese-owned infrastructure as leverage over the waterway. Panama and some former U.S. military officials say concerns are overblown.The Wall Street Journal - Jan. 20 -
TikTok restores service in US after Trump pledge
TikTok is resuming services to its 170 million users in US after President-elect Donald Trump said he would give the app a reprieve.BBC News - Jan. 19 -
TikTok restoring service to US users
TikTok said Sunday it is "in the process" of restoring service to the U.S., just more than 12 hours after cutting off access to the popular video-sharing platform in anticipation of a ban. “In ...The Hill - Jan. 19 -
TikTok stops working as US ban comes into force
A message appearing for US users says they "can't use TikTok for now".BBC News - Jan. 19 -
Oilfield services group SLB resists rising pressure to exit Russia
US company’s chief executive tells investors its operations do not breach Biden administration’s sweeping new sanctionsFinancial Times - Jan. 17 -
U.S. Ban of TikTok Is Set to Deal a Major Blow to ByteDance, Its Chinese Owner
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are its most valuable.The New York Times - Jan. 17 -
US woman to face shop owner murder plot charge
Aimee Betro, from Wisconsin, is due in court over matters dating back to 2019, prosecutors say.BBC News - Jan. 16 -
Amazon Web Services Launches Infrastructure Region in Mexico
The cloud business of Amazon.com has launched an infrastructure cloud region in Mexico and plans to invest $5 billion in the country over the next 15 years.The Wall Street Journal - Jan. 14 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9
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More in Business
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USPS temporarily suspends some inbound packages from China, Hong Kong
The change comes after President Donald Trump announced new tariffs that also target a popular trade loophole, called "de minimis."CNBC - 2m -
Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers
The company's streaming business reported another quarter of profitability despite a 1% decline in subscribers for Disney+.CNBC - 4m -
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Don’t be tempted to buy on these headline-driven stock-market dips, bigger opportunities are coming, says Truist’s Keith Lerner.MarketWatch - 5m -
Walmart reportedly cutting jobs as it refocuses on Bentonville headquarters
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Homebuyer mortgage demand drops further, a troubling sign for the spring market
Homebuyers are seeing very little reason to get a jump on the all-important spring housing market, even with more listings coming up for sale.CNBC - 20m