The U.N. agency linking postal systems worldwide on Wednesday agreed to reform i...
GENEVA - The U.N. agency linking postal systems worldwide on Wednesday agreed to reform its fee structure under a proposal by the United States that averted the Trump administration leaving the global network but may mean many consumers pay more.
The Trump administration served notice last October that it would leave in 12 months unless fee rates were changed so that importing countries did not lose money from distributing mail and packages from countries including China in the age of e-commerce. “We will begin our self-declared rates at the end of June next year. This is exactly what we wanted and planned for,” White House trade adviser Peter Navarro, who led the U.S. delegation, told a Geneva news conference.
China’s delegation backed the deal, telling the talks: “For China we have always been actively working with all the members and trying to find a positive solution and compromise in the spirit of UPU.”
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