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Trump looks to privatize US Postal Service, Washington Post reports

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WASHINGTON, D.C.: In recent weeks, President-elect Donald Trump has expressed interest in privatizing the U.S. Postal Service (USPS), according to the Washington Post, which cited three people familiar with the matter.

USPS has faced significant financial struggles, reporting over US$100 billion in losses since 2007. For the fiscal year ending September 30, the agency posted a $9.5 billion net loss-$3 bil