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New Port Fees Latest Move in US-China Trade Tensions
TaiwanPlus News
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2 days ago
China announced new port fees on American ships set to go into effect the same day as US port fees on Chinese ships, part of the latest tit-for-tat in trade tensions between the two countries.
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00:00
China has announced it will begin charging additional port fees for U.S.-owned, operated,
00:06
built or flagged ships starting Tuesday.
00:09
The tit-for-tat move follows U.S.-imposed fees on Chinese ships docking at U.S. ports
00:14
that go into effect that same day.
00:16
Both sides have laid out roadmaps where fees would increase until April of 2028.
00:20
It's the latest escalation in trade tensions between the two countries, including new Chinese
00:25
export controls on rare earths and a threat from U.S. President Donald Trump to impose
00:29
additional 100% tariffs on Chinese goods.
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