Results 1 to 5 of 5
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    @
    Location
    Chiang Mai
    Posts
    28,952

    US announces intent to withdraw from international postal rate system

    The Trump administration on Wednesday announced its intent to withdraw from a little-known United Nations agency that governs global postal rates, another move against international institutions the president has long accused of hurting the U.S.
    The decision was borne out of frustration with discounts imposed by the Universal Postal Union (UPU) that allow China and some other nations to ship products into the U.S. at cheaper rates than American companies receive to ship domestically.

    The administration argues the system undercuts U.S. manufacturers and allows China to flood the market with cheap goods.




    "This is a strong action by this administration to fix this flawed system and make it better," said a senior administration official.


    A senior administration official said the U.S. hopes to renegotiate the rates, known as terminal dues, but was frustrated with opposition from other nations in the UPU. The withdrawal would not take effect for one year, allowing the U.S. some time to broker a new deal.

    MORE. https://thehill.com/homenews/adminis...al-rate-system

  2. #2
    Member
    harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    Today @ 01:42 AM
    Posts
    59,170
    The decision was borne out of frustration with discounts imposed by the Universal Postal Union (UPU) that allow China and some other nations to ship products into the U.S. at cheaper rates than American companies receive to ship domestically.
    Alternatively the rates American companies are charged to ship domestically are too high.

  3. #3
    Thailand Expat
    Dragonfly's Avatar
    Join Date
    Oct 2015
    Last Online
    Today @ 01:41 AM
    Posts
    11,366
    not defending Trump,

    but the Chinese have used this to ship products from Ebay all over the world at some ridiculous prices (like free or 1 USD per item on a 3 USD sale), that really tipped the balance for shipping inexpensive items

  4. #4
    POTUS HOCUS
    david44's Avatar
    Join Date
    Aug 2011
    Last Online
    03-12-2018 @ 01:21 PM
    Location
    Inner Wrongholia
    Posts
    13,668
    e's gone POSTAL

    Of course it reflects local labour rate a postie in Ireland earns in a shift the wages of our thai earns in 10-12 days plus will get a pension worth 2-300 baht a day which you need to live there.

    Leaving IPU will backfire
    I used to have a job at a calendar factory.
    I got the sack because
    I took a couple of days off.

  5. #5
    Thailand Expat
    OhOh's Avatar
    Join Date
    Jul 2010
    Last Online
    17-07-2019 @ 10:57 PM
    Location
    Where troubles melt like lemon drops
    Posts
    17,525
    Quote Originally Posted by david44 View Post
    will backfire
    The on going story in "never, never keep an agreement" land.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •