China on Thursday said that it “regrets” the U. S.’s decision to withdraw from the United Nation’s treaty that regulates international postage. “We regret…
China on Thursday said that it “regrets” the U. S.’s decision to withdraw from the United Nation’s treaty that regulates international postage.
“We regret the US decision to withdraw from the Universal Postal Union,” Lu told reporters at a daily press briefing, according to the Associated Press . “We will continue working with all sides to make our contributions to the development of global postal service.”
The Trump administration announced on Tuesday that the United States would withdraw from the Universal Postal Union.
The UPU treats China, an economic powerhouse, as a developing nation and consequently grants it shipping discounts that some U. S. producers say allows them to be outcompeted.
The Trump administration says that the system penalizes U. S. manufacturers and lets China flood the market with cheap goods.
