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While the Postal Corporation (TTPost) is still searching for a solution to the United States’ new trade policy that has disrupted small and micro exporters, Universal Package Systems (UPS) says demand for its services remains steady.
Managing Director Wayne Chee Ting told Guardian Media that despite TTPost suspending its parcel service to the US, it is “business as usual” for UPS. Speaking by phone, he confirmed that UPS offers the same small-package service and stands ready to fill the gap, exporting to more than 210 destinations worldwide, but there has been no increased demand.
Last Friday, TTPost announced a temporary halt on shipments of goods to the US after the American government ended its duty-free de minimis exemption for imports under US$800. The executive order, signed on July 30, means all goods entering the US are now subject to customs duties. The change has significantly raised costs for small and micro exporters who depended on the exemption to ship duty-free.
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