China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small package loophole

Prices will rise for Americans who buy $5 shirts, $10 lamps and $20 shoes on direct-from-China shopping sites like Shein and Temu after U.S. President Donald Trump this week imposed 10% tariffs on goods from China.

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,

U.S. automaker Tesla's sales of China-made electric vehicles fell 11.5% to 63,238 units in January from a year earlier, data from the China Passenger Car Association showed on Friday. Deliveries of China-made Model 3 and Model Y vehicles were down 32.

Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.

The EV maker sold 63,238 of its cars in January, compared to 71,447 vehicles it sold in the same month in 2024.

The USPS halted an order to suspend incoming packages from China that threatened to severely disrupt trade between the two major economies.

The U.S. postal service is reversing course a day after it said it would not accept packages from China and Hong Kong. The ban came after the U.S. imposed an additional 10% tariff on Chinese goods.