The U.S. has been importing about three million parcels a day with little customs inspection, raising concerns about the ease of sending fentanyl.

The Postal Service said in a statement that the agency and the Customs and Border Protection are “working closely together to implement an efficient collection mechanism for the

The U.S. Postal Service will temporarily suspend accepting inbound parcels from China and Hong Kong Posts until further notice.

China's economy would be impacted less this year and next as compared to the US, despite heavy tariffs, on the other hand, the economies of Mexico and Canada will be hit majorly as compared to the United States.

China's stocks and currency came under pressure as markets returning from a week-long break were greeted by a new trade dispute with the United States and ructions in the global artificial intelligence sector.

China’s tariff increases and other countermeasures were mostly symbolic and apparently designed to project strength while leaving the door open to talks.

U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from China, the "de minimis" exemption on import tariffs. Trump's halt to Section 321 de minimis is part of his implementation of an additional 10% tariff on China and 25% tariffs on Canada and Mexico,

China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.