Cosco's Gamble: No Surcharges Despite US Port Fees
Update: 2025-10-08
Description
Shipping Showdown: U.S. Targets Chinese Ships with New Fees—Will it Spark a Trade War? As the U.S. prepares to impose hefty port fees on Chinese-owned vessels, Cosco defies expectations by refusing to surcharge American customers, potentially absorbing billions in costs. Discover how this bold move impacts shipping rates already plummeting to historic lows, and what retaliatory measures from China could mean for global trade. Is this the calm before the storm, or a new era of competitive shipping?
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