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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
Exporters? Who exports small packages to china? Tgis has always been a one way street.
70%? No..once a package hits our shores it should cost the exact same as we pay. Usps has been very strict about no one getting first class discounts yet are willing to lick chinas boots.
Screw the upu they DO NOT have our best interests at heart.
70%? Looks like the USPS is still going to screw the U.S. once again.
I certainly hope they can negotiate a better deal than that or pull out. China is not a third world country anymore. They are one of the world powers now and should be required to pay 100% like other countries of lesser status.
This smells of a compromise where Americans get the short stick once again. When it comes to China, there should be no compromising. We are in debt to them, so there is no reason they shouldn’t be paying us in full.
Cutting deals like this where we lose revenue only keeps us in debt to them because we certainly aren’t being forgiven any of that debt that I’m aware of. The U.S. has forgiven the debts of so many countries, to great expense of Americans, but you rarely hear of other countries forgiving us any.
So, like I said, there should be no compromising when it comes to revenue we are due.