U.S. business groups laud postal union deal; trade impact remains uncertain

U.S. business groups are largely touting a deal struck last month that will allow the U.S. to charge more for international mail deliveries, but the effect on trade flows, particularly with China, remains unclear. The U.S. last month secured an agreement to reform the Universal Postal Union, the body that governs international mail service, after President Trump threatened to withdraw last October. The Trump administration had been frustrated with the UPU’s terminal dues system, which sets the rate foreign postal...