The Postal Service will continue to accept parcels from Hong Kong and China despite a new executive order that will require greater inspection of packages.

By James Pomfret, Lisa Barrington and Casey Hall HONG KONG/SEOUL/SHANGHAI (Reuters) - The U.S. Postal Service said on Wednesday it would accept parcels from China and Hong Kong, in a U-turn after a suspension following President Donald Trump ending a trade provision used by retailers including Temu,

The U.S. Postal Service said it would stop accepting parcels from China and Hong Kong, cutting off a service that is popular with online vendors in China. The Postal Service said it is suspending inbound packages from China Post and Hong Kong Post until further notice and that the change wouldn’t affect delivery of letters.

Shares of major Chinese tungsten producers rallied on Wednesday as markets reacted to Beijing's latest critical mineral export controls on the first day of trading after the week-long Lunar New Year holiday.

South Korea's industry ministry said Wednesday it will monitor and respond to any possible impact from China's export restrictions on strategic minerals in an apparent retaliatory measure against the United States' recent tariff imposition.

In a move that escalates the ongoing trade war, China has revealed stringent export restrictions on five metals crucial to multiple sectors including defense, clean energy, and various other industries,