Reported 10 days ago
The U.S. administration is considering revising its proposed fees for Chinese-linked vessels visiting American ports following significant backlash from various industries, which argue that such fees could disrupt trade and economically harm businesses. Potential adjustments include delaying implementation and modifying fee structures to alleviate the financial burden on companies operating Chinese-built ships. The initial proposal aimed to deter China's maritime influence by introducing multimillion-dollar charges per port visit, but the concern over its impact on the global shipping supply, particularly in sectors like agriculture and coal, has prompted a reassessment of the plan.
Source: YAHOO