The U.S. Trade office will this week announce its plan for levying port fees on China-linked ships as part of President Donald Trump's effort to revive domestic shipbuilding and counter China's dominance
The U.S. Trade office will this week announce its plan for levying port fees on China-linked ships as part of President Donald Trump's effort to revive domestic shipbuilding and counter China's dominance on the high seas.
The proposed fees on China-built ships could hit $1.5 million per U.S. port call. Few vessels would be exempt, making U.S. export prices unattractive and foisting billions of dollars in annual import costs on American consumers.
The final plan is widely expected to be announced as early as April 17, the one-year anniversary of the launch of USTR's investigation into China's maritime activities. In January, the agency concluded that China uses unfair policies and practices to dominate global shipping.
U.S. Trade Representative Jamieson Greer last week said the agency would not apply all aspects of its original fee proposal, which outlined a range of options to penalize China, including million-dollar port fees for ships with ties to the country.
Jamieson said USTR would announce remedies in the middle of this month.
Agency officials in a meeting last month told Great Lakes shipping groups that the issue would be wrapped up in a year and one day from the start of
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