Category: port fees
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U.S. and China to suspend tit-for-tat port fees
U.S. and China to suspend tit-for-tat port fees The general ratcheting down of trade war tensions between the U.S. and China following what President Trump called a “truly great meeting” with President Xi of China will see the U.S. suspend the implementation of port fees under its Section 301 investigation targeting China’s maritime, logistics and…
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Hanwha Ocean U.S. subsidiaries hit by Chinese sanctions
Hanwha Ocean U.S. subsidiaries hit by Chinese sanctions Five U.S. subsidiaries of Korea’s Hanwha Ocean, including Hanwha Philly Shipyard, have been sanctioned by China as part of its response to the U.S. port fees on Chinese owned and built ships imposed under the Section 301 targeted action announced by U.S. Trade Representative Ambassador Jamieson Greer…