The Trump administration opened a new front in Washington’s economic conflict with China, starting a process Wednesday to withdraw from a 144-year-old international postal body whose discounts allow Chinese merchants to ship small packages to U.S. customers at steeply discounted rates.
….The Universal Postal Union negotiates global rates and other standards for cross-border mail. The U.N. agency has long used a tiered system for letters and small packages that gives discounts to developing countries. Despite China’s rise to become the world’s second-largest economy, the UPU still classifies it as a “tier 3” country, meaning it qualifies for the deepest discounts. The U.S. is a “tier 1” country.
Subsidized postal rates cost the U.S. $300 million a year, with a discount ranging from 40% to 70% on an average shipment, according to the official.
Wow. $300 million per year. We need to withdraw from this disgraceful international agreement pronto before it bankrupts us. Let’s all thank Trump for having the guts to do what Barack Obama wouldn’t: put the screws to poor countries sending letters to the United States. MAGA!