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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.
