Reported 3 months ago
The U.S. Trade Representative, Jamieson Greer, is conducting a second round of hearings regarding port fees imposed on Chinese ships operating in the U.S., aimed at counteracting China's maritime dominance and revitalizing American shipbuilding. Changes from the previous proposal were made following public feedback, but this round is expected to result in fewer significant adjustments. American exporters express concerns that these fees could make their products less competitive, with potential additional costs for shippers as the maritime supply chain navigates these changes.
Source: YAHOO