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The title could probably be improved to reflect that changes to rates begin in three days: > On September 25, 2019, the United States and United Nations reache
by mwnivek 6y ago
The title could probably be improved to reflect that changes to rates begin in three days:
> On September 25, 2019, the United States and United Nations reached a deal for America to stay in the UPU in return for being allowed greater flexibility in setting prices. In other words, the U.S. can now set rates for mail from China and other countries. The U.S. will be allowed to set its own postal rates starting on July 2020 and other countries will be allowed to starting in 2021. There will be a five-year period of phasing in new rates.
> The maximum annual increases for all countries cumulatively from 2020 to 2025 will be between 119%-164% (with China being on the upper end). This works out to annual increases of 15% in 2021 and 2022, 16% in 2023 and 2024, and 17% in 2025.
- dang 6y agoOK, I've attempted changed the title above to something representative from what you quoted. Submitted title was "USPS loses on average $1.10 for each package it delivers from China"