U.S. Imposes Port Fees to Chinese Shipping Company in Steps...Even on ships from China

in #leofinancelast month

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If a third-country shipping company operates a ship built in China, it will also have to pay a commission. Starting from October 14, it will be set at $18 per ton, and will be raised by $5 per year, with a charge of $33 per ton in 2028.

Foreign automobile carriers charge fees based on capacity. After a six-month grace period, 150 dollars per CEU will be charged from October 14. A CEU is a space unit that can carry a vehicle.
However, if you order and deliver a U.S. build ship of the same or larger size, you can get a fee exemption for up to three years.
It will also restrict exports of liquefied natural gas (LNG) through foreign ships.
From 2028, 1% of LNG exports will have to be made using US ships. It will have to be gradually increased over the next 22 years, and 15% will have to be exported through US ships from 2047.
A three-year grace period was set to reflect the opinion that the U.S. currently has limited LNG carrier technology and facilities, and that there is only one U.S.-flagged LNG carrier.
It has decided to impose up to 100% additional tariffs on Chinese container cranes and 20-100% on containers.
"Ships and shipping are essential to the free flow of U.S. economic security and trade," USTR CEO Jamieson Greer said. "This move will reverse China's dominance, address threats to U.S. supply chains, and signal demand for U.S.-made ships."

Makgafa-style sanctions are continuing.

It's an easy effort to exclude China, but China, which exports about 14-17% to the U.S.,
We are trying various solutions.

It's a fairly well-prepared situation, but we can't eliminate the damage.

First of all, the reckless attempt by the U.S. is that the damage to the U.S. and the Americans has been done
with the prevailing expectation that it will be much bigger
The key will be how the negotiations will proceed.