US unveils new port fees for Chinese-linked ships

#unveils #port #fees #Chineselinked #ships

WASHINGTON: The United States on Thursday unveiled new port fees on Chinese construction and operating ships to promote the domestic shipbuilding industry and prevent China’s dominance in the sector.

The move – which has been born under the advanced administration’s investigation – came to light when the United States and China are closed in a major trade war against President Donald Trump’s prices and can further enhance the tension.

“The ships and shipping are essential to the free flow of US economic security and trade, US trade representative Jameson Greer said in a statement announcing new fees.”

Under the new rule, the fee per ting or per container fee will apply to the US journey of every Chinese -linked ship, and not every port because some of the industry were worried. The fee will be estimated only five times each year, and if the owner orders a US -built ship, it can be forgiven.

After World War II, the dominant, the American shipbuilding industry has gradually declined and is now only 0.1 % of global production. Asia is now dominated in this sector, China has built half of all ships launched before South Korea and Japan.

According to UN data, three Asian countries account for more than 95 % of civilian shipbuilding. There will be a separate fee for sugar -powered ships and Chinese -constructed ships, and the two will gradually increase in the years after that.

For Chinese -constructed ships, the fee starts at $ 18 per NT or $ 120 per container – which means that a 15,000 containers ship can see a gross fee of $ 1.8 million. Beijing warned on Friday that the new fees would “be harmful to all parties”.

Foreign Ministry spokesman Lin Jian said, “They increase shipping costs globally, disrupt global production and supply chain stability, increase inflation pressure within the United States and harm the interests of US consumers and businesses.”

“Finally, they will not be able to revive the US shipbuilding industry,” he said.

In a survey by groups, a business has expressed concern that China and other countries will put the duties on imports of steel and aluminum, as well as the proposed fees from the proposed fees.

All non -US constructed car carrier utensils will also be targeted with a fee that begins in 180 days. Washington is also introducing new fees for liquid natural gas (LNG) carriers, though they do not affect for three years.

With this announcement, a fact sheet states that the fees cover will not be carried out on ships in the United States of the United States “widespread commodity exports on ships” to US territories and arriving in the United States. “

“The Trump administration’s actions will begin to eliminate Chinese dominance, removing threats to the US supply chain, and demanding signals for ships built from the United States,” Greer said. – China demonstrated US steps to target its shipbuilding sector

According to Reuters, the Chinese Ministry of Commerce on Friday expressed its dissatisfaction and opposition to China on Friday after announcing measures to target China’s shipbuilding, maritime and logistics sectors.

In a statement, the Chinese Ministry called on Washington to stop “accusation” and correct its “false” exercise as soon as possible. The statement added that “China will closely monitor the progress made by the United States and take the necessary steps to protect its interests.”