White House trade adviser Peter Navarro told the Universal Postal Union special congress that the United States is forced to “heavily subsidise” small parcels “in a way that costs our Postal Service hundreds of millions of dollars a year and costs our economy tens of thousands of jobs.” Photo: AFP

US exit from global post union could signal the end of cheap Chinese goods for American online shoppers

  • Last year, the US said it would leave the Universal Postal Union (UPU) and set its own postal rates, claiming that the system is unfairly advantageous to China
  • The Switzerland-based union represents 192 member countries and sets the fees that postal services can charge for delivering shipments from foreign countries
Topic |   China economy

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White House trade adviser Peter Navarro told the Universal Postal Union special congress that the United States is forced to “heavily subsidise” small parcels “in a way that costs our Postal Service hundreds of millions of dollars a year and costs our economy tens of thousands of jobs.” Photo: AFP
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