U.S. Threatens To Leave Global Postal Body Over Mail Rates For China

U.S. Threatens To Leave Global Postal Body Over Mail Rates For China

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Business, Social Studies

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The video discusses the potential impact of the China Trade War on the international postal system, focusing on the Trump administration's threat to withdraw the US from the Universal Postal Union (UPU). This move is driven by the US's demand to change the postal fee structure, which it claims unfairly benefits China. The UPU is holding emergency meetings to prevent a US withdrawal, warning of significant disruptions to global mail services. Despite the rejection of a US-backed plan to change the rate structure, there is optimism that a deal can be reached.

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What new insight or understanding did you gain from this video?

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