NAM Statement On White House Action To Eliminate China’s Unfair, Anti-Manufacturer Postal Subsidy
“President Trump deserves tremendous credit for the administration’s focus on eliminating the anti-US manufacturer subsidy China receives from the U.S. Postal Service,” said Timmons. “This outdated arrangement contributes significantly to the flood of counterfeit goods and dangerous drugs that enter the country from China. Manufacturers and manufacturing workers in the United States will greatly benefit from a modernized and far more fair arrangement with China.”
In April, Timmons sent a letter to Secretary Mnuchin outlining manufacturers’ concerns with the Universal Postal Union system, which allows China to receive a subsidy from the U.S. Postal Service for certain inbound shipments. The U.S. Postal Service lost an estimated $170 million on this subsidy during the last fiscal year, and that number is expected to increase 40 percent annually due to the rapid growth of e-commerce. Read Timmons’ recent op-ed for The Hill on the topic here.