China Us Postal Agreement

The release of the first postal contract ratified in 1874 is expected to exacerbate tensions with China, but the post office and business groups welcomed Wednesday`s action. On Wednesday, Navarro said the agreement would “transform an outdated and discriminatory system into a modern and resilient system, much better prepared to meet the new demands of e-commerce.” Under the agreement, major importers of mail and parcels could begin introducing “self-reported rates” for foreign mail distribution from January 2021. There is a five-year-old child for the phasing in of new taxes. Hussein welcomed the agreement Wednesday in an interview with reporters as a preservation of unity, but acknowledged that it would mean higher postal rates for some. Wednesday`s agreement will allow the United States to start setting its own postal rates in July and allow other countries that receive more than 75,000 tons of mail a year to start paying higher fees in January 2021. On Tuesday, Navarro informed delegates that the United States was ready to leave the postal agreement if China continued to benefit from preferential tariffs. The ultimatum reflected Washington`s growing impatience, as the global postal system did not want to keep up with changes in the market and economy or recognize China`s growing e-commerce market. Brennan added that the agreement will impose stricter requirements on foreign agencies to provide USPS with advanced electronic data on the content of international packages, an important step in inter-institutional efforts to eradicate illegal materials, such as synthetic opioids, which are exchanged by mail. Brennan repeatedly praised the Trump administration for its efforts and praised other nations at the Universal Postal Union convention for their work in the “spirit of cooperation.” The agreement, which came into force in 2018, has increased final tariffs for some developing countries with strong economies, including China. However, the higher costs still do not cover the full cost of the Us-Post for the delivery of these parcels. The Trump administration has opposed the threat to pull out of a 145-year-old international postal agency after reaching an agreement that gave more favourable terms to the U.S.

postal service and its customers. As part of the agreement, the United States will also pay US$40 million to the postal union to advance security measures against the shipment of drugs such as fentanyl and other illicit products. Hussein called the result “the most remarkable day in the history of the union,” a nearly 150-year-old organization that regulates postal services in 192 member countries. The UN body, which manages global postal systems, will remain intact after approving a compromise on Wednesday that will change the structure of its postal tariffs. The move will prevent the United States from leaving the group, which the Trump administration had threatened to do, a move that many feared would create a chaotic situation with price changes and mail disruptions. “The Post would like to thank President Trump for his leadership in solving an intractable problem with the long-standing, long-standing International Payment System for The International Exchange of Small Packages, which has been extremely difficult to resolve,” said Postmaster Megan Brennan. “We are very pleased that the Member States of the Universal Postal Union have reached an agreement that addresses the concerns of the United States and other countries regarding this payment system.” Lord.