US considers adjusting port fee plan for Chinese vessels after pushback

Quick Summary:

The USTR had formulated the fee proposal with larger container ships that transport retail goods in mind, the sources said.

The administration was also mulling a charge based on the tonnage of unloaded vessels rather than a flat fee, two of the sources said.

Among options the administration was considering is charging a fee that is adjusted based on the number of Chinese-built ships in a company's fleet, one source said.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: Trump administration Shipping industry Maritime fees Economic impact Coal shipping Chinese vessels Shipping fees US port fee Chinese-built ships Agriculture shipping U.S. ports U.S. Trade Representative Fee structure changes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 23:53:07 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27735038

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