Maritime Industry Warns USTR’s China Port Fees Could Sink U.S. Economy By Mike Schuler of gCaptain Major maritime industry stakeholders are voicing strong opposition to the U.S. Trade Representative’s proposed Section 301 actions targeting Chinese-built and operated vessels, warning of potentially catastrophic effects on U.S. trade and consumer prices. The USTR’s proposed measures aim to counter China’s growing dominance in maritime sectors by imposing port entrance fees of up to $1.5 million on Chinese-built ships and operators, while promoting U.S. vessel usage. A public hearing is scheduled for March 24, 2025, at the International Trade Commission. A public comment period… — Continue at ZeroHedge News : Read More
