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		<title>Europe Asia postal services to halt shipments to the US at end of Trump de minimums exemption</title>
		<link>https://www.ourstoryinsight.com/europe-asia-postal-services-to-halt-shipments-to-the-us-at-end-of-trump-de-minimums-exemption/</link>
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		<pubDate>Sun, 24 Aug 2025 07:33:58 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=8983</guid>

					<description><![CDATA[<p>Postal services in Europe and around the world plan to halt shipping merchandise to the US as the Trump administration’s end of the de minimus tariff exemption goes into effect. The “de minimus” exemption allowed internation carriers to ship goods valued under $800 to the US without paying any duties. The White House announced the end of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/europe-asia-postal-services-to-halt-shipments-to-the-us-at-end-of-trump-de-minimums-exemption/">Europe Asia postal services to halt shipments to the US at end of Trump de minimums exemption</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>Postal services in Europe and around the world plan to halt shipping merchandise to the US as the Trump administration’s end of the de minimus tariff exemption goes into effect.</p>
<p>The “de minimus” exemption allowed internation carriers to ship goods valued under $800 to the US without paying any duties.</p>
<p>The White House announced the end of the exemption weeks ago, linking it to fentanyl and other illicit drugs coming into the US.</p>
<p>DHL, Europe’s largest shipping provider, said in a statement on its website Friday that “Deutsche Post and DHL Parcel Germany will no longer be able to accept and transport parcels and postal items containing goods from business customers destined for the US” effective immediately. </p>
<p>The end of the exemption goes into effect Aug. 29. </p>
<p>DHL said its restrictions on packages would be temporary, explaining they were necessary because of “new processes required by US authorities for postal shipping, which differ from the previously applicable regulations.”</p>
<p>The company continued, “Key questions remain unresolved, particularly regarding how and by whom customs duties will be collected in the future, what additional data will be required, and how the data transmission to the US Customs and Border Protection will be carried out.”</p>
<p>The UK’s Royal Mail has also temporarily paused shipments to the US. <span class="credit">AP</span></p>
<p>The “de minimus” exemption allowed internation carriers to ship goods valued under $800 to the US without paying any duties. <span class="credit">ZUMAPRESS.com</span></p>
<p>Postal services in Denmark, Sweden, Italy, Austria, France and Belgium have similarly said they plan to pause shipments to the US. </p>
<p>The UK’s Royal Mail has also temporarily paused shipments, according to the BBC. </p>
<p>Outside of Europe, Asian countries like Singapore and Thailand said their countries would also hold on shipments until there’s more clarity on the new rules.</p>
<p>“The halt underscores the sweeping disruption caused by President Trump’s decision to eliminate the de minimis threshold, which previously allowed low-value parcels to enter the US without customs duties,” Thailand Post said in a statement on its website. “The exemption, capped at US$800 per person per day, facilitated millions of small packages from around the world entering the US smoothly.”</p>
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<p>Australia Post said it has paused transit on a handful of packages from other countries bound for the US. </p>
<p>“We have been working hard with US authorities and international partners to adapt our services to meet the new US de minimis requirements so UK consumers and businesses can continue to use our services when they come into effect,” the Royal Mail said.</p>
<p>The US ended the de minimus exemption for China in May.</p>
<p>The White House said at the time that many Chinese-based shippers hide illicit substances, including synthetic opioids, in low-value packages to exploit the de minimis exemption. </p>
<p>DHL said Deutsche Post and DHL Parcel Germany will no longer be able to transport parcels and postal items containing goods from business customers destined for the US. <span class="credit">ZUMAPRESS.com</span></p>
<p>The administration said that the amount of de minimus shipments coming into the US has increased from 134 million to 1.34 billion between 2-15 and 2024, according to the Financial Times. </p>
<p>It has also helped Chinese-based fast fashion companies like Temu and Shein, which ship directly to customers. </p>
<p>FOX Business has reached out to the White House and DHL for comment. </p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/europe-asia-postal-services-to-halt-shipments-to-the-us-at-end-of-trump-de-minimums-exemption/">Europe Asia postal services to halt shipments to the US at end of Trump de minimums exemption</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Chip software stocks sink on report Trump ordered halt to China sales</title>
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		<pubDate>Wed, 28 May 2025 20:23:48 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=7293</guid>

					<description><![CDATA[<p>The Synopsys headquarters in Mountain View, California, on April 13, 2022. David Paul Morris &#124; Bloomberg &#124; Getty Images Shares of chip design software makers Cadence and Synopsys tumbled in Wednesday trading after The Financial Times reported that the White House told them to stop selling to clients in China. Cadence stock declined nearly 11%, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/chip-software-stocks-sink-on-report-trump-ordered-halt-to-china-sales/">Chip software stocks sink on report Trump ordered halt to China sales</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>The Synopsys headquarters in Mountain View, California, on April 13, 2022.</p>
<p>David Paul Morris | Bloomberg | Getty Images</p>
<p>Shares of chip design software makers <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Cadence<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Synopsys<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> tumbled in Wednesday trading after The Financial Times reported that the White House told them to stop selling to clients in China.</p>
<p>Cadence stock declined nearly 11%, while Synopsys was down about 10%.</p>
<p>The Bureau of Industry and Security under the U.S. Commerce Department sent letters to both companies and to Siemens, the newspaper said.</p>
<p>Synopsys declined to comment. Cadence and Siemens representatives did not immediately respond to requests for comment.</p>
<p>The report follows the Trump administration&#8217;s decision to get rid of the Biden-era chip &#8220;Diffusion Rule&#8221; that limited the export of artificial intelligence processors to China.</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">Nvidia<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> celebrated the change, but it&#8217;s not clear how forthcoming policy from the White House might affect Nvidia&#8217;s business. Nvidia reports results after the bell on Wednesday.</p>
<p>Earlier this month the Bureau of Industry and Security issued a warning about using Huawei Ascend AI chips, saying organizations that adopt them could be subject to enforcement action.</p>
<p>A spokesperson for China&#8217;s Ministry of Commerce said the move undermined the two countries&#8217; preliminary trade agreement and demanded that the White House &#8220;correct its mistakes.&#8221;</p>
<p>Read The Financial Times&#8217; full report here.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/chip-software-stocks-sink-on-report-trump-ordered-halt-to-china-sales/">Chip software stocks sink on report Trump ordered halt to China sales</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Jamie Dimon&#8217;s woke demons won&#8217;t halt JPMorgan&#8217;s DEI</title>
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		<pubDate>Sun, 02 Mar 2025 16:28:13 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=5602</guid>

					<description><![CDATA[<p>Under pressure from the Trump administration, JPMorgan is continuing to rework and reword its commitment to the controversial Diversity, Equity and Inclusion system of hiring and promotion, including possibly an overhaul of its flashy displays of DEI commitments featured on the company’s website, the Post has learned. But my guess — and the guess of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/jamie-dimons-woke-demons-wont-halt-jpmorgans-dei/">Jamie Dimon&#8217;s woke demons won&#8217;t halt JPMorgan&#8217;s DEI</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Under pressure from the Trump administration, JPMorgan is continuing to rework and reword its commitment to the controversial Diversity, Equity and Inclusion system of hiring and promotion, including possibly an overhaul of its flashy displays of DEI commitments featured on the company’s website, the Post has learned.</p>
<p>But my guess — and the guess of people in Washington and on Wall Street following this issue — is that it won’t be enough to satisfy the courts, the public’s demands for a color-blind meritocracy and the Trump administration’s desires to roll back one of the most divisive political, cultural and business issues of our time.</p>
<p>In many ways the nation’s largest lender is an outlier in continuing to support DEI, or the use of racial and “intersectional” (gender and genderidentity) preferences in hiring.</p>
<p>JPMorgan Chase CEO Jamie Dimon speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington DC on Dec. 6, 2023.  <span class="credit">Bloomberg via Getty Images</span></p>
<p>Companies are dropping the practice because of its dubious legality following the 2023 SCOTUS ruling outlawing affirmative action in college admissions.</p>
<p>President Trump has signed executive orders ending DEI in federal contracting, and is calling on major companies to do the same.</p>
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<p>And many are.</p>
<p>Just this past Friday, BlackRock, the world’s largest money manager and once a major DEI adherent, said that while it loves diversity, it is “not requiring managers to interview a diverse slate of candidates for open positions.”</p>
<p>Others have gone so far as to drop the word “equity” or guaranteed outcomes from their hiring metrics.</p>
<p>Yet it’s unclear where exactly JPMorgan, led by mega-banker Jamie Dimon, stands on the issue.</p>
<p>Dimon has a long history supporting DEI, and became obsessed with it in 2020 during the social-justice George Floyd riots.</p>
<p>But a lot has changed since our “summer of love,” as the left termed those turbulent times, and Dimon has spent most of the past month of Donald Trump’s presidency attempting to spin his way out of a possible confrontation with the anti-DEI president.</p>
<h2 class="wp-block-heading">Changing public filings</h2>
<p>JPM has begun altering public filings as they relate to so-called intersectional hiring preferences at the bank.</p>
<p>Some people at the bank tell me there will be at least a semantic weakening of the bank’s DEI commitment.</p>
<p>On deck, my sources there say, is a revamping of the DEI section of its website, which features maybe the most florid examples of DEI worship in the business community.</p>
<p>As it stands now, the website boasts that “58% of new US hires are racially or ethnically diverse,” and 49% of all global new hires are women.</p>
<p>The company has had a 35% increase in “self-identifying” LBGTQ+ employees in the last year it posted data, following a 50% increase.</p>
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<p>There are “500+” LBGTQ+ managing directors and executive directors at the bank, it adds.</p>
<p>People at JPM say look for possible new language that softens such DEI humblebrags.</p>
<p>It may even remove “equity” from its diversity hiring metrics, like many others already have.</p>
<p>Yet, these semantic changes won’t satisfy the Trump White House, and the president himself, my reporting suggests.</p>
<p>White House advisers tell me language tweaks often obscure the backdoor use of illegal hiring preferences.</p>
<p>The president, they tell me, wants a color-blind country, and he wants corporate America’s buy-in. Too much is at stake to downgrade skill when we are in a global war for economic supremacyand freedom with China.</p>
<h2 class="wp-block-heading"><strong>No confusion from Don</strong></h2>
<p>For proof, they say, look no further than Trump’s Truth Social feed where he recently singled out Apple for JPM-like DEI worship.</p>
<p>As Trump wrote in all caps so there was no confusion about where he stood: “APPLE SHOULD GET RID OF DEI RULES, NOT JUST MAKE ADJUSTMENTS TO THEM,” adding that “DEI WAS A HOAX THAT HAS BEEN VERY BAD FOR OUR COUNTRY. DEI IS GONE!!!”</p>
<p>On Monday, Dimon attempted more damage control, this time with the people over at CNBC. When asked about his DEI commitment, Dimon said: “I don’t like wasted money on bureaucracy . . . obviously you have to modify your plans, but we look at our policies all the time… But if we did something wrong with DEI, we’re going to fix it.</p>
<p>I never had a problem admitting that we did too much and we need to change something.”</p>
<p>What that gibberish means in reality is difficult to say. A JPM spokesman later told me the bank is “still committed” to DEI.</p>
<p>“Changing something doesn’t mean weakening” it, the flack insisted.</p>
<p>The spokesman also said all hiring is merit-based, which again seems like a contradiction if you’re committed to DEI.</p>
<p>Dimon’s handlers have argued in the past that JPM is a highly profitable enterprise while employing DEI, so it must account for something.</p>
<p>True, JPM is profitable, but DEI is hardly the reason any big bank makes money.</p>
<p>Dimon is a very good banker, but for all his skills as a manager, he runs a business protected by the federal government since the 2008 financial crisis, aka it’s Too Big To Fail.</p>
<p>That designation allows it to borrow cheaply and lend more expensively.</p>
<p>It almost seems like it’s able to print money even when the economy sputters.</p>
<p>Sorry, the real reason Dimon can’t pull himself away from DEI is because he’s a progressive, and always has been. He’s slated to retire in the next few years, and might run for office as a Democrat or take a job in academia.</p>
<p>Both are places that remain committed to racialized employment policies, which explains a lot.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/jamie-dimons-woke-demons-wont-halt-jpmorgans-dei/">Jamie Dimon&#8217;s woke demons won&#8217;t halt JPMorgan&#8217;s DEI</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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