Part 7/12:
The transcript also highlighted recent disputes involving port fees and sanctions. The U.S. has responded to China's sanctions on five U.S.-linked entities and various South Korean firms by implementing countermeasures, including port fees on shipping from multiple countries and restrictions on maritime trade. These measures are part of broader efforts to combat China's influence over global shipping markets, which have been distorted over the past decades due to China's aggressive expansion and investment.