In a recent article posted on the Bloomberg website, IHA member Mighty Mug was singled out for successfully drawing the President’s attention to a vast disparity in shipping rates between U.S. and Chinese companies. The efforts to correct the United Postal Union (UPU) problem are possibly leading to other changes in US foreign policy and specifically with the U.S.’s…
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Trade and Tariff Saga Continues
Trade and tariff issues are a priority on the IHA’s government affairs agenda, with tariffs on China being the main concern. Hopefully, a “phase one” deal between the U.S. and China can be finalized to bring some relief from the 16-month trade war that’s disrupted global supply chains, but until a deal happens the tariff exclusion process and/or sourcing alternatives to China…
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UPU Agreement a Win for Housewares Industry
The housewares industry realized a victory when the Universal Postal Union (UPU) agreed in September to revise international shipping rates to not discriminate against U.S. shippers. Founded in 1875, the UPU sets postal rates among its member countries and had a formula where it cost about $20 to mail a small parcel in the U.S., but about $5 from China to the U.S. The…
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