OSLO, Norway – 27 February 2025 – Analysts warn proposed fees on China-built container ships importing goods into the US may have unintended consequences, including port congestion, increasing freight rates and shifts in global trade patterns.
The Trump Administration has announced plans for a USD 1 million fee every time a vessel operated by a China carrier enters a US port. The Federal Notice also threatens further substantial fees for China-built vessels operated by a carrier from...