Core Viewpoint - The United States will suspend tax exemptions on imported packages valued at $800 or less starting August 29, which is expected to create significant challenges for logistics companies and adversely affect low-income groups in the U.S. [3][4] Group 1: Impact on International Shipping - As a result of the new U.S. regulations, 25 countries have announced a suspension of package shipments to the U.S. due to uncertainties related to shipping services [3]. - Russia's postal service has stopped accepting goods for mailing to the U.S. since August 26, citing issues related to customs duties [3]. - Bulgaria's postal service has also suspended all shipments to the U.S. due to changes in customs clearance measures [3]. - South Korea's postal department has halted EMS shipments to the U.S., allowing only UPS services, which require recipients to pay the applicable duties [3]. Group 2: Broader International Response - Several European countries, including France, Germany, Italy, and Spain, along with Australia, India, Japan, Thailand, and Singapore, have also suspended package shipments to the U.S. in recent days [3]. Group 3: Domestic Implications - The Cato Institute's analysis indicates that the removal of tax exemptions for small imports will significantly harm low-income groups in the U.S. and exacerbate challenges for logistics companies [4]. - The implementation of the new tax measures is expected to face serious operational issues [4].

Core Points - Starting from August 29, the U.S. will suspend tax exemptions on packages valued at $800 or less, leading to increased taxation on a significant number of items shipped to the U.S. [1] - Japan Post announced on August 25 that it will suspend the acceptance of certain packages to the U.S. from August 27, particularly those valued over $100 and commercial goods, due to unclear procedures and operational difficulties [1][2] - Approximately 2.8 million packages are sent from Japan to the U.S. annually, with about one-third being personal gifts and the remaining two-thirds primarily for commercial purposes, indicating a substantial impact on Japan's cross-border e-commerce and personal purchasing businesses [2][3] Industry Impact - Merchants selling items like lucky cats report that 80% of their products are shipped to the U.S., with prices around 500 RMB. The new regulations could impose an $80 tariff per item, potentially doubling the final cost for consumers, which raises concerns about order cancellations [3][5] - Industry experts indicate that the previously smooth logistics will now face item-by-item inspections, leading to transportation delays and potential disputes over returns and refunds. This tariff measure by the Trump administration is expected to increase sales costs for Japanese small and medium-sized e-commerce businesses and create price uncertainty for products [5][7] - Other major logistics companies have not yet provided clear responses to the new tariff regulations, which may further complicate shipping options for businesses relying on U.S. markets [3][7]

Core Viewpoint - The launch of the China Post (Zhengzhou) commercial consolidation warehouse and the inaugural Zhengzhou-Huanghua Port postal international express line represents a significant step in enhancing international logistics capabilities and supporting the Belt and Road Initiative, as well as the dual circulation development pattern in China [1][2] Group 1: Warehouse and Logistics Capabilities - The commercial consolidation warehouse covers an area of approximately 4,000 square meters and integrates functions such as an international commercial express processing center, a commercial consolidation center, and a head transfer center for overseas warehouses [1] - The warehouse aims to enhance the international logistics transportation service capacity of Zhengzhou as a key international mail hub, providing comprehensive and one-stop logistics service solutions for local and surrounding provinces [1][2] Group 2: Transportation Efficiency - The newly launched Zhengzhou-Huanghua Port postal international express line features a weekly route from Zhengzhou to Huanghua to Los Angeles, with a sea transport time of only 16 days, significantly improving delivery efficiency compared to previous methods [2] - The express line is characterized by "fast ship timing at regular ship prices," aiming to provide cost-effective logistics solutions for more exporting enterprises [2] Group 3: Strategic Development - The initiative aligns with the provincial government's directives to promote platform economy development and leverages Zhengzhou's role as an important international mail hub to integrate international logistics resources [2] - Future plans include establishing Zhengzhou as a global international postal express hub and promoting deep integration of cross-border e-commerce with industrial belts, thereby supporting high-quality development of cross-border e-commerce and local specialty industries [2]

（原标题：周五美将对小额包裹征税！多国暂停向美寄件业务） 美国小额包裹免税政策迎来重大转折。 美国总统特朗普近日签署法令，正式取消价值800美元及以下的入境包裹免税政策，即"最低免税额"政 策。该措施将于8月29日生效。 白宫在声明中形容"最低免税额"政策是"灾难性的贸易漏洞"、"一场大骗局"，认为这一政策不仅减少了 美国关税收入，还助长了非法药品进口。 根据美国海关与边境保护局的数据，仅在2024年就有约13.6亿件包裹通过"最低免税额"政策入境，货值 高达646亿美元。随着新政落地，全球邮政与电商行业将受到冲击。 从政策宣布到正式生效时间不到30天，物流专业人士、电商企业和进口商必须在有限的时间里彻底改革 系统、运输模式，与客户沟通，以保持合规性和竞争力。 受此影响，欧洲多国邮政运营商近日纷纷宣布暂停对美寄件服务。 多国暂停向美寄件 这一新政是之前针对中国的小额包裹政策的延伸。4月，美国政府就宣布取消对来自中国内地和香港包 裹的免税待遇，初期税率高达120%，后经调整降至54%并保留每件100美元的从量税。 此次命令将适用于所有贸易伙伴，仅保留部分例外，例如美国旅客可携带200美元以下的个人物品，以 及个 ...

Core Points - The U.S. has officially canceled the $800 de minimis exemption for incoming packages, which will take effect on August 29, 2024, as part of a broader effort to tighten trade regulations and combat illegal imports [1][10] - The new policy is expected to significantly impact global postal and e-commerce industries, requiring logistics professionals and e-commerce companies to overhaul their systems and communication strategies within a short timeframe [1][6] Policy Changes - The new regulations will apply to all trading partners, with exceptions for personal items under $200 and bona fide gifts valued under $100 [4] - Goods valued at $800 or less will be subject to either a value-added tax based on the effective tariff rate of the product's country of origin or specific duties based on the value range [4][5] Impact on Postal Services - Following the announcement, several European and Asian postal services, including those from Germany, Denmark, and the UK, have suspended services to the U.S. due to unclear policy execution details [2][5] - Major logistics companies like DHL have set deadlines for accepting packages destined for the U.S. and are concerned about the lack of clarity regarding customs duties collection [5][9] Effects on E-commerce and Small Businesses - The cancellation of the de minimis exemption is expected to heavily impact small businesses that relied on the previous exemption, as they will now face additional customs costs and potential loss of the U.S. market [7][8] - E-commerce platforms such as Amazon, TikTok Shop, and Etsy are likely to experience disruptions due to the new tax implications [7][8] Broader Economic Implications - The U.S. government views the cancellation as a necessary measure to reduce smuggling and create a fairer competitive environment for domestic businesses [10] - However, there are concerns that the new policy will disproportionately affect low-income groups and create administrative challenges within the logistics system [10]

Core Viewpoint - The suspension of the small package tariff exemption policy by the U.S. government is expected to have significant short-term impacts on American consumers and long-term effects on inflation and the overall economy [1][4]. Group 1: Impact on Global Logistics - Multiple countries, including France, Germany, the UK, and Belgium, have paused sending packages to the U.S. due to unclear customs policies, leading to global logistics disruptions [2][3]. - The U.S. consumers may face delays in receiving packages and could incur tariffs of $80 or more [2]. Group 2: Details of the Policy Change - The U.S. government has expanded the suspension of the small package tariff exemption, which previously applied to China and Hong Kong, to all countries starting August 29 [3][4]. - The exemption threshold was raised from $200 in 1993 to $800 in 2016, but the recent policy change will result in most small packages being subject to tariffs [3]. Group 3: Economic Implications - The number of small package exemptions entering the U.S. has increased dramatically from approximately 139 million in 2015 to over 1.36 billion in 2024, reflecting the rise of e-commerce [4]. - The removal of the exemption is seen as a form of trade protectionism that could increase living costs for consumers and disrupt global supply chains [4].

Core Points - India has announced a temporary halt on sending packages to the United States [1] - This decision follows a directive from U.S. President Trump, who signed an executive order on July 30, suspending tax exemptions on imported packages valued at $800 or less starting from August 29 [1]

Group 1 - The core viewpoint of the report is that Singapore Post's rating has been upgraded from "Hold" to "Buy" based on valuation reasons, with a slight adjustment of the fair value target from SGD 0.605 to SGD 0.590 [1] - Singapore Post has made progress in divesting non-core assets, including the sale of its freight forwarding business for SGD 177.9 million, which is expected to generate approximately SGD 10.5 million in disposal gains and release around SGD 104 million in cash [1] - The next step in asset monetization may involve sale-and-leaseback transactions of its post office network, with a potential deal for 10 post offices valued at SGD 50 million [1] Group 2 - Singapore Post is transitioning from a traditional postal service provider to a global logistics company, with potential catalysts for the future including value-accretive acquisitions in the region and feasible structural solutions for the sustainability of its domestic postal business [2] - The possibility of injecting real estate assets into a Real Estate Investment Trust (REIT) is also considered a potential growth avenue for the company [2]

Core Points - The Wuxi Shofang Airport International Mail Exchange Station has officially commenced operations, marking a significant development in the region's logistics capabilities [1][3] - The first batch of international export mail to Japan was successfully transported, showcasing the station's operational readiness [3] - The exchange station is designed to enhance international logistics efficiency by optimizing the processes of receiving, dispatching, and transiting international mail [6][8] Summary by Sections Functionality and Design - The international mail exchange station serves as a core node in the international postal network, facilitating direct exchanges with foreign postal agencies [6] - It features a "high-efficiency zoning" design, which includes areas for package dispatch, customs declaration, and arrivals, enabling a streamlined process that reduces delivery times by 1-2 days compared to traditional methods [8] Future Plans - The station aims to expand its services to include direct flights to regions such as South Korea, the United States, Europe, and Mexico, enhancing local direct mail capabilities [8] - A three-step strategy will be implemented focusing on reverse cross-border e-commerce, utilizing local air routes, and establishing a comprehensive mail collection service network across Jiangsu province [9][10] Logistics Growth - Wuxi Shofang Airport has shown robust growth, with a projected annual passenger throughput exceeding 10 million and a cargo mail throughput of 173,500 tons in 2024, including a 71.5% year-on-year increase in international cargo mail [11] - The airport has established a global cargo network covering Europe, Latin America, and Asia, with recent milestones including a record daily cargo mail volume of over 800 tons [11]

Group 1 - The launch of 15 cold chain direct routes is an extension of the 2024 postal cold chain air route for "Zaozhuang Fire Cherry," providing efficient logistics support for agricultural e-commerce sales [3][5] - The new logistics model integrates production, sales, transportation, and management, enhancing the rural delivery logistics system and optimizing the industrial development environment [3][6] - The postal service has established a multi-dimensional transportation network combining "air + cold chain + high-speed rail," achieving rapid delivery goals for cherries [5][6] Group 2 - The postal air route operates daily, covering 276 cities and counties nationwide, facilitating the transition from "fresh from the branch" to "sweet for the masses" [5][6] - The event emphasizes the integration of agriculture with modern logistics, promoting the distribution of high-quality Shandong products across the country [9] - A three-tier emergency response mechanism has been established to ensure smooth transportation during extreme weather conditions [9]