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The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn

  • The United States Trade Representative held a public hearing on proposed Section 301 port call fees that could reach between $500,000 and $1.5 million per port call for ships with Chinese connections.
  • If implemented, these fees may lead to increased shipping costs, divert shipping to non-U.S. Ports, and ultimately raise consumer prices.
  • South Korean and Japanese shipyards may benefit from these proposals, while U.S. Shipbuilding could take years to recover.
  • The final decision rests with the U.S. President, leaving uncertainty in the shipping industry.
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  • 59% of the sources are Center
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Capital Press broke the news in on Friday, March 21, 2025.
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