2025-08-25
26 分钟Hello and welcome to World Business Report from the BBC World Service.
I am Bissi Adibayo and on this edition, Evergrande, once China's biggest property giant,
has now been kicked off the Hong Kong stock market, will bring you the latest Swiss in its collapse.
And across the globe,
postal services are pausing deliveries to the US as Washington prepares to end its long-held tariff exemption on low-value parcels.
30 to 40 percent of my jewellery business was in the US and now It's basically shut down their business overnight or at least drastically curtailed it.
Plus, in Ghana, as part of our Africa series,
we'll see the true cost of fast fashion piles of unwanted clothes ending up on the beaches.
Well, let's get the show started now.
And we'll begin with several countries across the globe suspending postal deliveries to the U.S. ahead of August 29 when Washington ends what's known as the de minimis rule.
Well, that's the exemption that lets parcels worth $800 or more or less, rather, come in tariff.
The rule has been criticised by the White House,
which said some shippers had abused the exemption to send illicit drugs into the US.
The UK's Royal Mail and Germany's DHL have suspended deliveries and similar announcements have also been made by services across Europe,
Asia and Australia.
Packages and personal gifts under $100 wouldn't be impacted.
Fitch Richardson, head of marketing at Glopole, which advises...
high-end brands on expanding their global consumer base explain how these changes will work.
Previously, the de minimis exemption worked so that any product that was imported into the US,
which was under $800, wasn't subject to import tax and duty.