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originally posted by: watchitburn
a reply to: GrandePoobah
Look for Amazon to cry about this.
Absolutely and that terrifies me about some politicians accepting defeatism and trying to sleaze their way to riches.
originally posted by: The GUT
I think folk are finally starting to understand how big a threat China is to us first economically and increasingly national security-wise in a number of arenas.
To make things worse, the globalists have totally bought into China as the next superpower which has caused many of our politicos to be happy with "managing our decline" and to become rich doing it.
President Trump can't just come out and say we've engaged in "war," but that's basically what's happening.
Is it already too late? That's the question, but Trump picked up the kicked-down-the-road can and said game on---it's now or never.
originally posted by: GrandePoobah
President Trump just scored another HUGE win for US businesses and trade. The NYT just announced that the President intends to withdraw the US from the Universal Postal Union, a UN subagency which has been dictating the US to subsidize package deliveries from foreign competitors (primarily China). See:
Here's a brief synopsis: NYT is reporting that President Trump will announce self-declared terminal dues rates to put an end to the absurd USPS postal subsidy on Chinese shipments to the US. In other words, say goodbye to tens of billions of dollars of Chinese crap and cheap knockoff goods flooding into the US with “free” (taxpayer funded) shipping. The new rates will be phased in 6-12 months from now.
Under Trump’s plan, the US shall withdraw from the Universal Postal Union (an unelected UN subagency that’s ultimately behind this insanity) within 1 year unless they modify their policies and regulations to facilitate fair international shipping rates. The State Dept. will immediately begin bilateral talks with other countries to ensure the mail keeps flowing as it should without the UPU mucking things up for us.
So what does this mean for the nation, and for Trump? We just scored another HUGE victory in our trade war against China, and one which will have a lasting effect on both US and Chinese businesses. We’ve been losing tens (if not hundreds) of billions of dollars every year to subsidized Chinese shipping, and those losses are about to come to a screeching halt. Expect to see more booming economic figures in the US, while China plunges further into financial turmoil.