Thursday, October 18, 2018

China Postal Rates Get the Ax

Well, the President of the United States has finally withdrawn from a old treaty that allows China to get better postal rates designed to help poor countries do better in the world.  How did the second largest economy get to be a "poor country"?  It goes back to an ancient idea that postal rates should be set by the United Nations:  the Universal Postal Union (UPU) sets the rates.  I can't remember a time when China was a poor country, so it's a good time to stop this nonsense. 

The WTO still treats China like a poor, disadvantaged country, when its members know better.  The UN knows better.  Why does it take a US President to change a process that is blatantly wrong?  It kind of makes us wonder how many more of these stupid agreements are out there giving advantage to countries that no longer need or deserve it. 

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