Trump administration to pull USA out of United Nations postal treaty

Trump pulling U.S. out of international pact on postal rates

However, China has been able to continue to benefit from the lower rates even as it has grown into an ecommerce powerhouse. "All parties should pay the same parcel delivery rates for the same services from the U.S. Postal Service, regardless of whether the country of origin is foreign or domestic".

"Zhao Quansheng, director of the Centre for Asian Studies at American University in Washington, said in Beijing that Trump needed a chance to "declare victory" in the trade war to the American people, while China would find it easier to compromise on trade rather than on more sensitive issues like Taiwan".

American firms say it can cost significantly more to post an item within the United States than it does to send the same item to the U.S. from China.

The manufacturers association boss had sent a letter in April to U.S. Treasury Secretary Steve Mnuchin complaining that the UPU system allows China to receive increasing subsidies from the U.S. Postal Service, which it says cost the USPS $170 million a year ago.

The National Association of Manufacturers supported Trump's move, calling the UPU "outdated" in the age of e-commerce.

Jay Timmons, the president of the National Association of Manufacturers, said in a statement that he agreed with the move.

The U.S. says it's willing to renegotiate.

White House officials said the United States would start the process of getting out of the Universal Postal Union, a Switzerland-based United Nations organization that connects postal services worldwide. The dichotomy that we find in the official discourse of Beijing testifies: while China claims on the global scene, its recognition as a market economy, the speech from home does not cease to recall that the country is evolving in the framework of a " socialist market economy", which is his official model, and which involves numerous distortions of the rules of the market economy.

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Another official said the system allowed for a 40 to 70 percent discount on small packages coming in from China to the United States compared to what it would cost to send them domestically, costing $300 million. The agreement - and another one that China and the USA signed in 2011 - has essentially given Chinese merchants a $170 million annual subsidy to ship products directly to American homes.

Derek Scissors, a resident scholar at the American Enterprise Institute, a Washington-based conservative think tank with close links to the Trump administration, said Trump and Xi "are going to have a meeting unless something happens". In order to leave the pact, the United States will have to wait a year, according to treaty's rules.

That's according to two administration officials who spoke on the condition of anonymity because they weren't authorized to speak on the record.

The pact has always been a source of frustration for presidents of both parties and prompted complaints from small businesses, big retailers like Amazon and shipping giants like UPS. Webstainless offers free shipping to the U.S. A one-pound package sent from China cost the Postal Service $10 to deliver it, but the Chinese only pay $2.50 to send it.

Industry groups, even ones that have questioned the president's tariffs on Chinese imports, applauded the move as proportional and targeted. "How can my government be subsidizing China and driving me out of business?"

Tribune. The objective of the trade war initiated by the administration Trump against Beijing is not clearly defined, but it appears from the charges levelled against China, accused of "not playing the game" and resorting to unfair methods.

The world's two biggest economies are clashing over the trade deficit the USA runs against China as well as US allegations that China is using predatory practices to challenge American technological dominance.

A Citi report on Monday estimated that the deleveraging pause will increase China's debt-to-GDP ratio by 12.3 percentage points to 274.5 percent by the end of this year, reversing a small decline in 2017.

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