U.S. Mulls Adjusting Port Fee Plan for Chinese Vessels After Industry Pushback
TMTPOST -- The Trump administration is considering adjustments to its proposed port fee for ships linked to China, following significant opposition from various industries. Critics argue that the plan could have severe economic consequences, sources familiar with the matter revealed.
Among the potential changes being discussed are a delay in the implementation of the fee and the introduction of new fee structures aimed at reducing the financial burden on Chinese vessels visiting U.S. ports. These modifications are under review, according to six individuals with knowledge of the issue, who requested anonymity due to the sensitivity of the matter.
Neither the White House nor the U.S. Trade Representative’s office (USTR), which is involved in the development of the proposal, responded to requests for comment.
During a U.S. Senate Finance Committee hearing on Tuesday, U.S. Trade Representative Jamieson Greer indicated that not all of the proposed multimillion-dollar fees for Chinese-built ships would be enforced, and that they may not be cumulative.
More News