Trump Goes To Postal Rates in Next Attempt To Curb Chinese Exports — Panjiva
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Trump Goes To Postal Rates in Next Attempt To Curb Chinese Exports

China 3047 Tariffs 1865 U.S. 5398

President Trump has identified global postal rates, administered by the UN’s UPU, as the latest front in the American government’s attempts to rein in Chinese exports. A review of American strategy towards the rates, which treat China as an emerging market and so eligible for low postal rates, is due from Secretary Pompeo by November 1. A move to raise rates would be minor compared to duties already applied on $250 billion of Chinese exports. U.S. imports of “low value” items from China were worth $3.4 billion in the 12 months to July 31. While that was 1.3x the levels traded with each o...

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