Trump Admin Lays Out New Port Fees for Chinese-Built Ships

5Mind. The Meme Platform
The Epoch Times Header

The move is part of the effort to boost shipbuilding in the United States and challenge China’s dominance of the industry.

The Trump administration has unveiled plans to impose port fees on Chinese-built ships in an effort to level the playing field in the global shipbuilding market, with scaled-back penalties to limit the impact on American businesses and consumers.

Beginning in mid-October, owners and operators of Chinese-built ships will be charged $50 per net ton of cargo, according to a notice released on Thursday by the Office of the United States Trade Representative (USTR). The fee is set to rise every year, reaching $140 per net ton in 2028.

Service fees for Chinese-built ships will also begin at $18 per net ton or $120 per container, whichever is higher, and will increase over the next three years.

Additionally, car carriers not built in the United States will be charged $150 per car equivalent unit—a measurement representing the space taken up by a standard passenger car.

Each vessel will be charged the fees once per voyage, and no more than five times per year, the USTR said. Ship owners may qualify for a waiver if they place an order for a U.S.-built ship, but if they fail to take delivery of the vessel ordered within three years, the deferred fees will become due immediately.

The USTR also noted plans to impose fees on liquefied natural gas (LNG) carriers, but these will not take effect until 2028.

“Ships and shipping are vital to American economic security and the free flow of commerce,” U.S. Trade Representative Jamieson Greer said in a statement announcing the changes. “The Trump administration’s actions will begin to reverse Chinese dominance, address threats to the U.S. supply chain, and send a demand signal for U.S.-built ships.”

The measures announced Thursday are more moderate than the original proposal released in February, under which ships built in China would be charged up to $3.5 million each time they docked at a U.S. port. That earlier version would have also imposed fees based on how many China-built ships are in a fleet or based on prospective orders of ships from China.

By Bill Pan

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.
00:02:04

Forged on the frontier

George Washington is widely known as a general and president, but his early life remains obscured by myth, legend, and misunderstanding.
00:02:52

A bobblehead too far

The Orioles did not just hand out a bobblehead. They sent a message that the legacy of their own players is not enough to draw.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.
00:09:50

The Invasion Of The Ballot Snatchers

As election results loom, California faces ballot controversies in a real-life political drama that raises concerns about election integrity.

7 Deaths of Children Possibly or Probably From COVID-19 Vaccination: FDA

FDA experts concluded that COVID-19 vaccination probably or possibly resulted in the deaths of 10 children, before revising that number to seven, according to recently released documents.

Trump Admin Asks Court to Overturn Order Blocking RFK Jr’s Vaccine Panel Appointments

The Trump admin asked a federal appeals court to reverse a ruling blocking Health Sec. RFK Jr.’s appointment of 13 members to a key vaccine advisory panel.

Education Department to Temporarily Reduce Student Loan Interest Rate

DOE announced a 1 percent reduction in federal student loan interest rates for borrowers enrolled in automatic payments starting next month.

Appeals Court Blocks Trump Admin CFPB Staff Reduction Plans

A federal appeals court prevented the Trump administration from advancing with new plans to cut staffing at the Consumer Financial Protection Bureau.

Banning Hospitals’ Certain Contracts Could Save Americans $45 Billion, Report Finds

A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report.
00:01:33

Trump Unveils New Air Force One Plane

President Trump unveiled the plane that will serve as the new Air Force One, a Boeing 747-8 luxury jet that was gifted to the US by the Qatari government in 2025.
00:01:27

Trump Threatens 100 Percent Tariff on French Wines Over Digital Services Tax

Trump threatened to impose a 100% tariff on French wines and champagne unless France eliminates its digital services tax on large American tech companies.

Trump Heads to G7 Summit in France: Here’s What to Expect

U.S. President Donald Trump is en route to France on June 15 to attend the annual G7 summit, just hours after announcing a deal with Iran.
spot_img

Related Articles

Popular Categories

MAGA Business Central