WASHINGTON – The Trump admin on Wednesday, June 14, 2009 at 1:53 pm United States out of a 144-year-old postal agreement that it says it has taken domestic help shippers by giving China and other countries discounts on postal rates.

The Universal Postal Union, created in 1874, sets shipping rates for 192 member countries. The said officials said Chinese shippers pay roughly 20 cents for every $ 1 domestic companies to make a package within the United States.

The imbalance amounts to a subsidy for foreign businesses in China and elsewhere with the United States. The move comes as the trump administration is in Beijing.

Senior officials said the State Department would formally begin the process of withdrawing from the treaty. The administration is leaving open the possibility of renegotiating the deal in that time.

Jay Timmons, president of the National Association of Manufacturers, applauded the move.

"Manufacturers and manufacturing workers in the United States will greatly benefit from a modernization and far more fair arrangement with China," Timmons said in a statement.

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