19
Sat, Apr

US Plans 100% Tariffs On Chinese-Made Port Cranes To Tackle Security Risks

US Plans 100% Tariffs On Chinese-Made Port Cranes To Tackle Security Risks

Marine Insight
US Plans 100% Tariffs On Chinese-Made Port Cranes To Tackle Security Risks
Ship-to-Shore Cranes
Image for representation purposes only

The United States is planning to introduce steep tariffs up to 100% on ship-to-shore (STS) cranes and cargo handling equipment that are made in China or built using Chinese parts.

The decision is made to reduce the country’s reliance on Chinese-made maritime infrastructure and tackle growing national security concerns.

This announcement comes alongside a newly finalised port fee targeting ships that are built in China or operated by Chinese companies.

The proposal follows a detailed Section 301 investigation led by the United States Trade Representative (USTR).

The investigation included a two-day public hearing and collected nearly 600 written comments from various industry stakeholders.

It revealed serious vulnerabilities in the U.S. maritime supply chain, mainly due to China’s overwhelming dominance in key components.

According to the USTR report, China currently produces 95% of the world’s shipping containers and controls 86% of the global supply of intermodal chassis.

These figures have raised serious concerns

Content Original Link:

Original Source MARINE INSIGHT www.marineinsight.com

" target="_blank">

Original Source MARINE INSIGHT www.marineinsight.com

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers