For decades the U.S. has tolerated an international postal system that helps Chinese manufacturers, retailers and e-commerce companies at the expense of their U.S. counterparts. Chinese shippers pay 50 percent or less to send small packages to the U.S., than U.S. shippers do to send the same package domestically. This problem will be either addressed at an upcoming meeting of the Universal Postal Union, or shortly thereafter. The U.S. simply wants the Chinese to pay the U.S. Postal Service the same amount that Americans pay. Paul Steidler has written a commentary for RealClearMarkets here.
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