The Trump administration said on Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics as it formalized plans for a one-year pause on U.S. port fees
The Trump administration said on Thursday it would pursue negotiations with China over its dominance of shipbuilding and ocean logistics as it formalized plans for a one-year pause on U.S. port fees on China-linked vessels as part of a broader deal to reduce trade tensions.
The U.S. Trade Representative's office said in a Federal Register notice that it would pause for a year starting November 10 all punitive actions against China resulting from its "Section 301" unfair trade practices investigation. USTR added that it would accept public comments on the matter on November 6 and November 7.
The 12-month reprieve on an estimated $3.2 billion annually in U.S. fees for large Chinese-built vessels sailing to U.S. ports was among the agreements reached in South Korea by U.S. President Donald Trump and Chinese President Xi Jinping in late October. Also paused were 100% tariffs on ship-to-shore cranes and container intermodal chassis for trucks.
"Pursuant to this deal, the United States would suspend for one year, beginning on November 10, 2025, the responsive actions taken in this investigation," USTR said in the notice. "The United States also would negotiate with China pursuant to Section 301 regarding the issues raised in this investigation.
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