Current Date 19 Apr, 2025

Trump's new port fees target China, aiming to boost US shipbuilding.

The Trump administration imposed new port fees on Chinese-built or operated ships to bolster the US shipbuilding industry. These fees, starting mid-October, aim to counter China's dominance and protect the US supply chain. The fees vary based on tonnage and container number, with waivers available for orders of US-built vessels. Additional tariffs on Chinese cargo handling equipment are also proposed.