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US Announces Withdraw From Postal Treaty

bbc.com

151–160 of 380 posts

Re: US Announces Withdraw From Postal Treaty

#151
post #136

Earlier quoted context omitted.

Aren't we still paying for shipping through taxes, since the USPS is a public institution?

No. The USPS is in the constitution because the Framer’s thought it was important to put there. But it is completley self-funded at this stage.

They are self funded except that every year they have another multi-billion dollar loss.

Re: US Announces Withdraw From Postal Treaty

#152

The US is engaging in protectionist policies that will bring back inflation and reduce the purchasing power of the population. The country should better be prepared for the consequences of these policies, because it will be much more costly than the $300 million spent in the postal service.

I agree with this in general but in this particular case we were actively subsidizing shipping costs from China.

Re: US Announces Withdraw From Postal Treaty

#153
post #57

if China loses its status as a developing country, all that's likely to happen is the items will end up being shipped from a neighbouring country that still has the status. When you buy items from AliExpress often they have the option of being sent by Singapore Post. I'm not exactly sure how that works (Singapore isn't that close to China), but although the item comes from China, to the postal service it doesn't.

I had a chat about this with one of the sellers on AliBaba. He claimed that the items are still being shipped from China, and that he is just witing Singapore / Czechoslovakia / any other developing country on the package (he said it is part of the tracking code), and he gets the benefit of the country whose code he used. He said the main reason they do that is that the laws differ as to what can be shipped from each…

Singapore is not a developing country??

And Czechoslovakia hasn't been a country in decades...

Re: US Announces Withdraw From Postal Treaty

#154

A friend helped the Wall Street Journal expose the damage this treaty was doing to his small business in the United States as it tried to fend off counterfeiters. https://www.wsj.com/articles/this-subsidy-for-china-is-dumb-... Seems like a win for American innovation if you care about that thing. Seems like China is going to get hurt by this change which is bad for globalization if you are into that thing.

> bad for globalization

No it just was a bad policy. It has to be a win/win for both sides. Currently this was a bad deal for America.

Prepare for things to cost much more now in regards to electronics.

Re: US Announces Withdraw From Postal Treaty

#155
post #114

Earlier quoted context omitted.

It isn't time to give up on the USA. The USA got an extra 378000 manufacturing jobs in the past year and a half. That is jobs, not just automated production.

Sources for this number? Also, in addition to how many that existed already? In which industries? Which companies?

(I'm not American but these sources do not seem to be particularly biased):

https://money.cnn.com/2018/01/05/investing/jobs-report-const...

https://www.industryweek.com/leadership/america-s-new-factor...

https://www.bloomberg.com/news/articles/2018-01-03/manufactu...

https://www.businessinsider.es/jobs-report-july-manufacturin...

Re: US Announces Withdraw From Postal Treaty

#156

The headline made it sound sort of bad, but reading this and the WSJ article, it makes you wonder why it wasn’t done sooner.

[flagged]

That's what I've been gathering too. Trump signed a few bills recently, and while they weren't his administration's bill in the first place, that hasn't stopped the media (and definitely social media) from trash talking Trump constantly.

It's almost as if people that hate Trump with the ferocity that they do are incapable of reporting anything positive and just saying "Ok, this was a good thing."

Re: US Announces Withdraw From Postal Treaty

#157
post #53

Earlier quoted context omitted.

The idea of free trade/globalization is everyone benefiting from the efficiency of each place doing the work it can do most efficiently. Iowa corn and Swiss fine machinery and Arab oil and all sorts of things where one place can do something better and cheaper because of the nature of the place. Poverty (cheap labor) and treaties (cheap postage) shouldn't be the drivers of this efficiency because they aren't caused b…

But the issue here is not the differential in efficiencies. It's China receiving subsidies from the US because it was considered a developing country in 1969. It's not anymore, it's a global superpower now, it can pay its own postage.

No it has no bearing on China. It is the same policy with Switzerland. You get the international package to America we pay for the final delivery. Pay for a package to Switzerland and Switzerland pays for the final delivery. It was suppose to be a wash for both parties. China just got a much better deal. Cost me more to mail a package the next state away then for me to get a package delivered from China.

Now you have to pay for Switzerland delivery and then the domestic cost.

Wish and EBay from China is now bye bye.

Re: US Announces Withdraw From Postal Treaty

#158
post #95

Earlier quoted context omitted.

The idea of free trade/globalization is everyone benefiting from the efficiency of each place doing the work it can do most efficiently. Iowa corn and Swiss fine machinery and Arab oil and all sorts of things where one place can do something better and cheaper because of the nature of the place. Poverty (cheap labor) and treaties (cheap postage) shouldn't be the drivers of this efficiency because they aren't caused b…

The biggest reduction in global poverty we've seen is due to outsourcing to China. Don't you care about starving Chinese peasants?

> due to outsourcing to China

No it is the demand for better working conditions and wages. That helps the local Chinese and American workers. Oh that's right labor unions are evil????

Re: US Announces Withdraw From Postal Treaty

#159

Earlier quoted context omitted.

The idea of free trade/globalization is everyone benefiting from the efficiency of each place doing the work it can do most efficiently. Iowa corn and Swiss fine machinery and Arab oil and all sorts of things where one place can do something better and cheaper because of the nature of the place. Poverty (cheap labor) and treaties (cheap postage) shouldn't be the drivers of this efficiency because they aren't caused b…

I’m not sure if Swiss fine machinery is the best example here. What is it about the nature of Switzerland that makes it a more natural place to create fine machinery then anywhere else? Similarly, using American corn as an example of how free trade should work is pretty underhanded. There’s a ridiculous amount of subsidies there, and the US doesn’t have any qualms with dumping the resulting product on international m…

in this specific case, it's not about the location of Suisse per se, but more about the people living there - focus on absolute quality, not cost-cutting, not price/value ratio but quality first. Of course this is very simplified, and may be less true for some cases these days.

The other point - most countries subsidy agriculture in some way. If US shouldn't dump their corn on global market, so shouldn't european farmers/milk producers (especially French I think).

Re: US Announces Withdraw From Postal Treaty

#160
post #114

Earlier quoted context omitted.

It isn't time to give up on the USA. The USA got an extra 378000 manufacturing jobs in the past year and a half. That is jobs, not just automated production.

What is your source? All I could find is clearly one sided opinions on this matter.

See St. Louis Fed data from FRED: https://fred.stlouisfed.org/series/MANEMP

It's true that manufacturing jobs are on the rise, but it's still fairly clear what the long term trend looks like.

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