Home Economy Alibaba, PDD Holdings shares drop after US Postal Service suspends shipments from China, Hong Kong
Economy - February 5, 2025

Alibaba, PDD Holdings shares drop after US Postal Service suspends shipments from China, Hong Kong

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.

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