US unveils new port fees on Beijing-linked vessels to ‘reverse Chinese dominance’
Under new rules, per tonnage or per container fees will apply to each Chinese-linked ship’s US voyageThe United States has unveiled new port fees on Chinese-built and operated ships in a bid to boost the domestic shipbuilding industry and curb China’s dominance in the sector.The move – which stems from a probe launched under the prior administration – comes as the US and China are locked in a major trade war over President Donald Trump’s tariffs and could further escalate tensions. Continue reading...
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Under new rules, per tonnage or per container fees will apply to each Chinese-linked ship’s US voyage
The United States has unveiled new port fees on Chinese-built and operated ships in a bid to boost the domestic shipbuilding industry and curb China’s dominance in the sector.
The move – which stems from a probe launched under the prior administration – comes as the US and China are locked in a major trade war over President Donald Trump’s tariffs and could further escalate tensions. Continue reading...
