The U.S. Postal Service is reversing course a day after placing a ban on all inbound packages from China and Hong Kong.
United Parcel Service is down 7.2% since the beginning of the year, and at $114.90 per share, it is trading 27% below its 52-week high of $157.38 from March 2024.
USPS said the change will not impact the flow of letters and 'flats' from China and Hong Kong. It did not immediately comment ...
The United States Postal Service has reversed its decision to ban inbound packages from China and Hong Kong, just one day ...
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