President Donald Trump has recently intensified his criticism of Amazon Inc. over the discount rates the company receives from the U.S. Postal Service. But the biggest beneficiary of reduced shipping rates is America’s major economic competitor: China.
This is what many American business owners have found out firsthand over the past few years. Jayme Smaldone of New Jersey sells a patented travel mug called “Mighty Mug” online and pays $6.30 to ship the mug to anywhere in the United States. In the past two years, Chinese competitors have created a knockoff of his product and now sell it for $5.69, shipping included.
