Listen To The Story
Marketplace

The Trump administration announced today that it's planning to pull the United States out of a relatively obscure 144-year-old treaty. The Universal Postal Union sets rates that national postal services charge for shipping small parcels to other countries. The move could affect how much you have to pay when you buy stuff online, especially if the product comes from overseas. The administration says the U.S. Postal Service is losing money under the current international agreement and that American businesses are being undercut by Chinese companies because they can ship goods to the United States on the cheap.

Click the audio player above to hear the full story. 

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Kimberly Adams at @KA_Marketplace