Results 1 to 7 of 7

Thread: USPS is done subsidizing Chinese package shipping

  1. #1
    Supporting Member
    Virgin Islands
    Mach's Avatar


    Posts
    3,218
    Join Date
    Jan 2008

    USPS is done subsidizing Chinese package shipping

    This is a big deal for some, market-wise.

    If you've ever looked into wholesaling you will see that China gets huge discounts to ship to the US, well, that's over with immediately!

    Trump just pulled the plug.

    Like him, or not, he just does stuff, and then does more stuff, it's very refreshing.


    https://thehill.com/opinion/finance/...ckage-shipping




    Running a small business that ships low-weight merchandise, say 10 T-shirts or small hardware from China to the United States, made logistics costs easy. The U.S. provided for a large shipping discount of 40 percent to 70 percent.

    Such generosity came from U.S. membership in the Universal Postal Union (UPU). Founded in 1874, the UPU is the international postal organization in Switzerland, committed to a smoothly running the international postal system.

    In 1969, the UPUís developed country members implemented discounts for poor nations when shipping small parcels. China then was isolated with few outward shipments.

    As a result, the shipping cost of a face cream was more affordable from China for American consumers than it was from Los Angeles. Today, however, China delivers more than 1 billion small packages a year to the U.S., but the special discount treatment continued.

    Then there came change. The Trump administration announced U.S. withdrawal from the UPU as of Oct. 17, 2018. The objective was to arrive at competitive and fair global shipping rates.

    This move showed the Trump administrationís willingness to quit multilateral agreements judged unfavorable to U.S. interests. Although the UPU withdrawal process takes one year, U.S. deep discounts for Chinese packages ended immediately.

    CONT....
    Politicians are the only people in the world who create problems and then campaign against them
    ~




  2. Remove this section of ads by registering.
  3. #2
    Good. Next...off to cut Amazon's USPS subsidies.
    My website: https://www.theherbsofthefield.com/

    "No one is useless in this world who lightens the burdens of another.Ē ~ Charles Dickens

  4. #3

  5. #4
    This crap never made sense in the first place .
    Do something Danke

  6. #5
    This is weird. I have heard on many many accounts here that the only time 2 entities voluntarily agree to a trade is when both sides have something to gain. What happened to that gain for USPS?
    You can maintain power over people, as long as you give them something. Rob a man of everything, and that man will no longer be in your power. Aleksandr Solzhenitsyn

    Quote Originally Posted by LibertyEagle View Post
    Trust principles; not people.
    My Che avatar is my unique way of giving a big middle finger to the, the neocons, the globalists, imperialists and most importantly to the left and right political establishment who hate his guts till this day. My admiration for him ends where his anti imperialist pro communism ideology starts.

  7. #6
    Quote Originally Posted by oyarde View Post
    This crap never made sense in the first place .
    It was a global welfare and nation building program. Similar to the trade deals the US made with “poor” nations.

    In 1969, the UPU’s developed country members implemented discounts for poor nations when shipping small parcels. China then was isolated with few outward shipments.
    Twitter: B4Liberty@USAB4L
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
    ďThey are what they hate.Ē - B4L


    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  8. #7
    Quote Originally Posted by Mach View Post

    If you've ever looked into wholesaling you will see that China gets huge discounts to ship to the US, well, that's over with immediately!

    Trump just pulled the plug.

    https://thehill.com/opinion/finance/...ckage-shipping

    Had read this change was expected to be over a year away:

    The question between now and January 2020 will be who blinks first. What happens will determine the shape of international mail for years to come.

    https://www.washingtonexaminer.com/o...l-postal-union

    NVM, saw the detail in article:

    Then there came change. The Trump administration announced U.S. withdrawal from the UPU as of Oct. 17, 2018. The objective was to arrive at competitive and fair global shipping rates. This move showed the Trump administration’s willingness to quit multilateral agreements judged unfavorable to U.S. interests. Although the UPU withdrawal process takes one year, U.S. deep discounts for Chinese packages ended immediately.

    Now China Post has introduced a new Express Mail Service. It raised the price of packages to the U.S. from $30 to $34 for the first 0.5 kilograms shipped.



Similar Threads

  1. Video: Lazy USPS driver throws heavy package from vehicle
    By green73 in forum Open Discussion
    Replies: 1
    Last Post: 03-27-2014, 08:37 AM
  2. Question about USPS shipping info
    By Kraig in forum Open Discussion
    Replies: 4
    Last Post: 05-20-2009, 03:23 PM
  3. Subsidizing Failure
    By Bradley in DC in forum Economy & Markets
    Replies: 4
    Last Post: 03-11-2009, 01:43 AM
  4. Peter Schiff on the Chinese bailout package
    By socialize_me in forum Grassroots Central
    Replies: 11
    Last Post: 11-11-2008, 10:19 PM
  5. Replies: 0
    Last Post: 01-24-2008, 01:53 PM

Posting Permissions

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