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Multinational logistics company DHL Express said changes in US customs regulations will halt global freight, worth more than $800 for American consumers, including Hong Kong.
Germany-based DHL said the cargo halt will begin on Monday. The company said the move was a temporary measure.
The company said the decision was taken in response to new U.S. Customs regulations that require formal input processing for all shipments over $800. It was a minimum of $2,500 before the change was announced on April 5th.
DHL said business-to-business shipments will continue but could face delays. Shipments under $800 to either businesses or consumers were not affected by the changes.
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Multinational logistics company DHL Express said it would suspend global cargo of more than $800 for American consumers. (Fabrizio Gandolfo/SOPA Images/Lightrocket bygetty Images/Getty Images)
Last week, DHL said it would continue to process shipments from Hong Kong to the US “in accordance with applicable customs rules and regulations,” and “working with customers to understand and adapt the changes planned for May 2nd.”
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DHL said the decision was taken in response to new U.S. Customs regulations that require formal input processing for all shipments over $800. (Getty Images)
The Hongkong Post just said it had stopped postal services for goods sent from sea to the US, accusing the US government of “bullying” after the Trump administration cancelled a tariff-free trade clause on packages from China and Hong Kong.
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DHL is one of several companies making changes to its shipping services amid ongoing trade concerns, particularly as the trade war between the US and China is heated.
Reuters contributed to this report.
