Wang Yun’an, the 38-year-old founder of Guming Holdings, is on the cusp of becoming a billionaire as his company prepares for an initial public offering in Hong Kong.
The United States Postal Service has suspended all inbound packages from China and Hong Kong "until further notice," according to a statement released by USPS on Tuesday night.
Beijing announced tariffs of 10% to 15% on U.S. coal, liquefied natural gas, crude oil, pickup trucks and other products shortly after the U.S. tariff took effect.