European Postal Services Suspend Shipment of Packages to US over Import Tariffs

22 May 2024, Saxony, Schkeuditz: The logo of DHL is seen on a package in Saxony's DHL Hub. (dpa)
22 May 2024, Saxony, Schkeuditz: The logo of DHL is seen on a package in Saxony's DHL Hub. (dpa)
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European Postal Services Suspend Shipment of Packages to US over Import Tariffs

22 May 2024, Saxony, Schkeuditz: The logo of DHL is seen on a package in Saxony's DHL Hub. (dpa)
22 May 2024, Saxony, Schkeuditz: The logo of DHL is seen on a package in Saxony's DHL Hub. (dpa)

The end of an exemption on tariff duties for low-value packages coming into the United States is causing a wide array of postal services to pause shipping as they await for more clarity on the rule.

The exemption, known as the “de minimis” exemption, allows packages worth less than $800 to come into the US duty free. A total of 1.36 billion packages were sent in 2024 under this exemption, for goods worth $64.6 billion, according to data from the US Customs and Border Patrol Agency.

It is set to expire next Friday. On Saturday, multiple postal services around Europe announced that they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties.

Postal services in Germany, Denmark, Sweden and Italy said they will stop shipping most merchandise to the US effective immediately. France and Austria will follow Monday, and the United Kingdom Tuesday.

“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,” DHL, the largest shipping provider in Europe, said in a statement.

The company said starting Saturday it will “will no longer be able to accept and transport parcels and postal items containing goods from business customers destined for the US.”

A trade framework agreed on by the US and the European Union last month set a 15% tariff on the vast majority of products shipped from the EU. Packages under $800 will now also be subject to the tariff.

Many other European postal services say they are pausing deliveries now because they cannot guarantee the goods will enter the US before Aug. 29. They cite ambiguity about what kind of goods are covered by the new rules, and the lack of time to process their implications.

Postnord, the Nordic logistics company, and Italy's postal service announced similar suspensions effective Saturday.

“In the absence of different instructions from US authorities ... Poste Italiane will be forced, like other European postal operators, to temporarily suspend acceptance of all shipments containing goods destined for the United States, starting August 23. Mail shipments not containing merchandise will continue to be accepted,” Poste Italiane said Friday.

Shipping by services such as DHL Express remains possible, it added.

Björn Bergman, head of PostNord’s Group Brand and Communication, said the pause was “unfortunate but necessary to ensure full compliance of the newly implemented rules.”

In the Netherlands, PostNL spokesperson Wout Witteveen said the Trump administration is pressing ahead with the new duties despite US authorities lacking a system to collect them. He said that PostNL is working closely with its US counterparts to find a solution.

“If you have something to send to America, you should do it today,” Witteveen told The Associated Press.

Austrian Post, Austria’s leading logistics and postal service provider, stated that the last acceptance of commercial shipments to the US, including Puerto Rico, will take place Tuesday.

France's national postal service, La Poste, said the US did not provide full details or allow enough time for the French postal service to prepare for new customs procedures.

″Despite discussions with US customs services, no time was provided to postal operators to re-organize and assure the necessary computer updates to conform to the new rules,″ it said in a statement.

The UK’s Royal Mail said it would halt US shipments on Tuesday “to allow time for those packages to arrive before duties kick in.” Items originating in the UK will require a 10% duty for items over $100, it said.

PostEurop, an association of 51 European public postal operators, said that if no solution can be found by Aug. 29 all its members will likely follow suit.



Arcapita, Hines to Explore Joint investments in GCC Industrial and Logistics Real Estate

Arcapita's headquarters in Manama, Bahrain. Photo: Asharq Al-Awsat
Arcapita's headquarters in Manama, Bahrain. Photo: Asharq Al-Awsat
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Arcapita, Hines to Explore Joint investments in GCC Industrial and Logistics Real Estate

Arcapita's headquarters in Manama, Bahrain. Photo: Asharq Al-Awsat
Arcapita's headquarters in Manama, Bahrain. Photo: Asharq Al-Awsat

Arcapita Group Holdings Limited, the global alternative investment firm, and Hines, one of the world’s largest real assets investment managers, announced on Wednesday a partnership to together explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf Cooperation Council (GCC).

The platform would seek to combine Hines’ global real estate investment, development and operating standards with Arcapita’s regional investment, structuring and asset management expertise, supported by Lintara, Arcapita’s local operating platform, a joint statement said.

Through the partnership, the two companies would focus on jointly originating, structuring and executing investments across both development opportunities and stabilized income-producing assets, it added.

Arcapita is headquartered in Manama, Bahrain. It also operates from its offices in the United States, the United Kingdom, Saudi Arabia, the United Arab Emirates and Singapore.

Hines is based in Houston, Texas.

Martin Tan, Arcapita’s Chief Investment Officer, said: “This strategic partnership marks an important step in our approach to the GCC industrial and logistics opportunity. Market fundamentals across the region have reached a depth and maturity that support the case for a dedicated, institutional-scale platform rather than a transaction-led strategy.”

“As GCC countries continue to focus on supply chain resilience and national self-sufficiency, we see a compelling opportunity to help deliver modern logistics infrastructure at scale. By bringing together Arcapita’s long standing regional track record, sourcing and asset management capabilities with Hines’ globally recognized development expertise, the platform would be well positioned to pursue high-quality opportunities across the sector.”

As for Hines’ Global Head of Real Estate, Steve Luthman, he said that the GCC represents one of the most compelling logistics growth markets globally.

He welcomed “the opportunity to partner with Arcapita to explore the development of a structured, platform-led entry into a rapidly growing market, backed by deep local relationships and execution capability.”


Airlines Should Still Avoid Airspace Over Iran After Framework Deal, EU Agency Warns

 A Kish Air Airlines McDonnell Douglas MD-82 passenger aircraft prepares for landing at Tehran's Mehrabad Airport on June 20, 2026. (AFP)
A Kish Air Airlines McDonnell Douglas MD-82 passenger aircraft prepares for landing at Tehran's Mehrabad Airport on June 20, 2026. (AFP)
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Airlines Should Still Avoid Airspace Over Iran After Framework Deal, EU Agency Warns

 A Kish Air Airlines McDonnell Douglas MD-82 passenger aircraft prepares for landing at Tehran's Mehrabad Airport on June 20, 2026. (AFP)
A Kish Air Airlines McDonnell Douglas MD-82 passenger aircraft prepares for landing at Tehran's Mehrabad Airport on June 20, 2026. (AFP)

Airlines ‌should continue to avoid the airspace over Iran, Iraq and Lebanon and remain cautious across the region despite the framework deal between Washington and Tehran, because violations remained possible, the ‌EU aviation safety ‌agency EASA said.

EASA ‌said ⁠on Wednesday it ⁠was extending its conflict-zone advisory for the region until July 1.

Short-term violations of the US-Iran ceasefire remain possible, ⁠in particular in ‌and ‌around the Strait of ‌Hormuz and neighboring airspace, the ‌agency said.

The agency also flagged the fragile ceasefire between Israel and Hezbollah, creating ‌the potential for military activity impacting the airspace ⁠of ⁠Lebanon.


Al-Jadaan: Economic Resilience, Partnerships Are Key to Meeting Global Development Challenges

Saudi Finance Minister Mohammed Al-Jadaan addresses the OPEC Fund Development Forum in Vienna. (X)
Saudi Finance Minister Mohammed Al-Jadaan addresses the OPEC Fund Development Forum in Vienna. (X)
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Al-Jadaan: Economic Resilience, Partnerships Are Key to Meeting Global Development Challenges

Saudi Finance Minister Mohammed Al-Jadaan addresses the OPEC Fund Development Forum in Vienna. (X)
Saudi Finance Minister Mohammed Al-Jadaan addresses the OPEC Fund Development Forum in Vienna. (X)

Saudi Finance Minister Mohammed Al-Jadaan warned that the world is facing increasingly difficult economic conditions shaped by uncertainty, fragmentation, geopolitical conflicts, trade tensions, debt risks, and challenges related to energy security and broader security concerns, factors he said threaten to undermine global development goals.

Addressing the OPEC Fund Development Forum in Vienna, held to mark the 50th anniversary of the OPEC Fund for International Development (OFID), Al-Jadaan described the milestone as an opportunity not only to celebrate the institution’s achievements over the past half-century, but also to reflect on lessons learned and consider the challenges and opportunities that lie ahead.

Over the past five decades, the OPEC Fund has helped tackle some of the world’s most pressing development challenges, supporting sustainable development, economic growth, and prosperity while improving living standards in low- and middle-income countries, he noted. Its efforts have enabled millions to gain access to electricity, quality education, and clean energy solutions, while expanding economic opportunities and improving essential services.

Al-Jadaan outlined three priorities for preventing setbacks in global development progress.

The first is placing resilience at the center of development strategies. Rather than serving merely as a response to crises, resilience must become a long-term, proactive approach.

Building systems capable of withstanding shocks requires investment in infrastructure, energy, food security, healthcare, education, and institutional capacity, he argued. It also demands inclusive policies tailored to local needs that diversify sources of income, improve livelihoods, and stabilize fragile markets.

The second priority is strengthening partnerships. No country can confront development challenges alone, Al-Jadaan said, emphasizing the critical role of development finance institutions in mobilizing resources, sharing knowledge, and fostering innovation. The private sector, he added, remains essential for driving investment, creating jobs, and delivering practical solutions.

Greater cooperation among development partners can improve coordination, attract additional capital, and maximize development impact.

Turning to his third priority, Al-Jadaan stressed that trust and national ownership must remain at the heart of development efforts. Development financing is most effective when aligned with national priorities, responsive to local realities, and built on genuine partnerships.

Expanding the OPEC Fund’s activities and deepening cooperation with partner countries would help align financing strategies with national development plans, improve the efficiency of resource allocation, strengthen implementation, and deliver measurable results, he said.

Al-Jadaan also underscored the importance of candid feedback from development partners and their support for bold, long-term structural reforms that enhance resilience, growth, and prosperity.

Fifty years is not a limit to what can be achieved. It is the foundation on which we build, he stated. He added that stronger partnerships and shared commitments will help safeguard the gains of the past five decades and advance sustainable development in the decades ahead.