United Parcel Service Inc

How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx

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President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.

Are Shein and Temu Prices Going Up? What to Know as Trump Ends De Minimis Tariff Loophole

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Starting Friday, goods from China worth up to $800 will be subject to tariffs and more paperwork under new Trump administration rules.

UPS Says It Will Cut 20,000 Jobs in Efficiency Drive

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The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.