DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!US Suspends China Ship Fees, Critics Call It Mistake
US Suspends China Ship Fees, Critics Call It Mistake

US Suspends China Ship Fees, Critics Call It Mistake

Update: 2025-11-10
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USTR Suspends China Ship Fees, Critics Call it a Strategic MistakeThe United States Trade Representative (USTR) has announced a one-year suspension of port fees on cargo ships built in China, following public criticism and concerns about the impact on the American maritime sector. The fees, initially imposed to address unfair trade practices, were set to charge fifty dollars per net ton per voyage, potentially costing millions to large ships. The decision came after a short public comment period and just days after China dropped its own retaliatory port fees on U.S.-flagged ships. Some experts, including maritime consultant Hunter Stires, argue that the suspension is a strategic mistake, as it removes fees on over ten thousand Chinese ships while only affecting one hundred eighty-three U.S. ships.

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US Suspends China Ship Fees, Critics Call It Mistake

US Suspends China Ship Fees, Critics Call It Mistake