The United States says it intends to withdraw from the 192-country Universal Postal Union (UPU), an agency that governs international postal rates, the White House announced on Oct. 17.
The yearlong withdrawal process was set in motion via a letter of denunciation served in Switzerland on the same day. During the process, the Trump administration hopes to renegotiate a shipping arrangement that is causing $300 million in annual losses to the U.S. postal system, hurting American manufacturers, and facilitating the shipment of counterfeit goods and narcotics, according to a senior White House official.
