A US Postal Service worker takes packages out of a truck on December 2 in San Francisco, California. The postal service has recorded a loss of US$8.8 billion and will finish the year with US$11 billion in debt outstanding. Photo: Getty Images/AFP
Opinion
Opinion
Outside In
Despite Donald Trump’s attack on the international postal system, he might be in for a nasty surprise in the mail next year
- Tying US Postal Service’s losses to Chinese e-commerce, the Trump administration forced the Universal Postal Union to allow the US to set its own international postal fees from July next year. However, this is likely to make only a small dent in the country’s mail woes
A US Postal Service worker takes packages out of a truck on December 2 in San Francisco, California. The postal service has recorded a loss of US$8.8 billion and will finish the year with US$11 billion in debt outstanding. Photo: Getty Images/AFP