ECONOMY
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US Modifies Maritime Fees on Foreign Ships, Adds Tariffs on Chinese Equipment

TrueGov Editorial Team3 months ago
US Modifies Maritime Fees on Foreign Ships, Adds Tariffs on Chinese Equipment

Trade policy changes aim to address China's maritime influence

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The United States Trade Representative's office announced modifications to maritime-related fees for foreign-built vessels, including vehicle carriers and liquefied natural gas ships. The changes come just before new port fees on China-linked vessels are scheduled to take effect next week. The USTR is also eliminating a provision that permitted suspension of liquefied natural gas export licenses under certain conditions and creating exemptions for specific ethane and liquefied petroleum gas carriers under long-term charter arrangements.

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US Modifies Maritime Fees on Foreign Ships, Adds Tariffs on Chinese Equipment