Proposed Port Fees on Chinese Ships Bring New Uncertainty to Trade World

Key Takeaways

• USTR’s proposed fees could upend global supply chains and leave US businesses scrambling to reorient their financial and fleet strategies.
• The move seeks to counter China’s maritime dominance and bolster US domestic shipbuilding.
• A recently leaked draft executive order suggesting additional measures, including a Section 232 investigation, could further shake up the shipping world.