New York: Postal traffic to the United States plunged over 80% after new tariffs announced by the Trump administration came into effect on August 29, the Universal Postal Union (UPU), a UN agency, said on Saturday. It noted that 88 operators worldwide have fully or partially suspended the shipping of parcels to the US.
According to Deutsche Welle, the de minimis exemption has been a point of contention. Critics argue that the influx of low-value imports is detrimental to US retailers and raises concerns