US port fees on China could top US$23bn
The US government’s proposed plan to levy significant port fees on Chinese-owned and Chinese-built vessels marks a major escalation in trade tensions with China, with potential ripple effects throughout the global shipping and trade industries, says a key supply chain analyst.
The US government’s proposed plan to levy significant port fees on Chinese-owned and Chinese-built vessels marks a major escalation in trade tensions with China, with potential ripple effects throughout the global shipping and trade industries, says a key supply chain analyst.