USPS suspends parcels from Hong Kong
US President Donald Trump has signed an executive order ending the exemption on import duties for some products made in China. Small packages of less than 800 grams are not subject to import duties under de minimis rule, which went into effect in 1930. The move is expected to hurt discount e-commerce platforms like Temu and Shein.
FTC chair Lina Khan’s lawsuit is not related to breaking up Amazon
The US’ Federal Trade Commission (FTC) has filed a lawsuit against Jeff Bezos-led Amazon, accusing the e-commerce company of using “unfair and illegal” tactics to maintain its power. The FTC accused Amazon of using unfair practices to keep competitors away from its website. Amazon said the complaint was “wrong” on the facts and that the company has “vigorously defended” itself against it.