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US Readies Shipbuilding Tariffs, Set to Charge Port Fees This Fall

Key Takeaways

  • USTR plans to announce up to 100% tariffs on Chinese ship-to-shore cranes and essential cargo equipment, like containers and chassis.
  • Port fees on Chinese-built, -owned, and -operated ships, expected to balloon shipping rates, are set to begin on October 14, raising costs for US exporters and importers.
  • USCBC advocacy has contributed to helpful modifications, but new legislation could introduce more hurdles.

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