Close Menu
KumbhCoinorg
    What's Hot

    San Jose Sharks, Minnesota Wild, and Toronto Maple Leafs Rumors

    March 30, 2026

    Millions of drivers mis-sold car finance to receive average £829 in compensation

    March 30, 2026

    Square Begins Automatic Bitcoin Payment Rollout To Millions

    March 30, 2026
    Facebook X (Twitter) Instagram
    Trending
    • San Jose Sharks, Minnesota Wild, and Toronto Maple Leafs Rumors
    • Millions of drivers mis-sold car finance to receive average £829 in compensation
    • Square Begins Automatic Bitcoin Payment Rollout To Millions
    • Scott Mills' abrupt sacking creates another headache for the BBC
    • The Ways That Slingo Gaming Has Grown Popular
    • Vaibhav Sooryavanshi’s explosive 15-ball fifty powers RR to eight-wicket win over CSK | Cricket News
    • Kentucky Senate passes bill allowing colleges to cut faculty over financial reasons
    • Trump Crypto Revolution: How the GENIUS Act Impacts Your 401(k)
    Facebook X (Twitter) Instagram
    KumbhCoinorg
    Monday, March 30
    • Home
    • Crypto News
      • Bitcoin & Altcoins
      • Blockchain Trends
      • Forex News
    • Kumbh Mela
    • Entertainment
      • Celebrity Gossip
      • Movie & TV Reviews
      • Music Industry News
    • Market News
      • Global Economy Insights
      • Real Estate Trends
      • Stock Market Updates
    • Education
      • Career Development
      • Online Learning
      • Study Tips
    • Airdrop News
      • Ico News
    • Sports
      • Cricket
      • Football
      • hockey
    KumbhCoinorg
    Home»Market News»US lays out plans to hit Chinese ships with port fees
    Market News

    US lays out plans to hit Chinese ships with port fees

    kumbhorgBy kumbhorgApril 18, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    US lays out plans to hit Chinese ships with port fees
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Tom Espiner and Peter Hoskins

    Business reporters, BBC News

    Getty Images A container ship at the Port of Long Beach in Long Beach, California, US.Getty Images

    The US has revealed plans to impose port fees on Chinese ships to try to revive shipbuilding in the US and challenge China’s dominance of the industry.

    From mid-October, Chinese ship owners and operators will be charged $50 per ton of cargo with the fees increasing each year for the next three years.

    There have been concerns that the measures would further disrupt global trade after US President Donald Trump’s raft of tariff policies, but the fee is less severe than originally suggested.

    A spokesperson for the Chinese foreign ministry said the fees will raise prices for American consumers and “will not revitalise the US shipbuilding industry”.

    The US Trade Representative (USTR) said: “China has largely achieved its dominance goals, severely disadvantaging US companies, workers, and the US economy”.

    Fees on Chinese vessel owners and operators of ships built in China will be based on the weight of their cargo, how many containers they carry or the number of vehicles onboard.

    For affected bulk vessels, the fee will be based on the weight of their cargo, while the charge for container ships will depend on how many containers a vessel is carrying.

    The $50 per ton of cargo will rise by $30 a ton each year for the next three years. Fees on Chinese-built ships will start at $18 a ton or $120 per container and also rise over the next three years.

    Non-US built ships carrying cars will be charged $150 per vehicle.

    The fee will be applied once per voyage on affected ships and not more than five times a year.

    The USTR also decided not to impose fees based on how many Chinese-built ships are in a fleet or based on prospective orders of Chinese ships, as it had originally proposed.

    Empty vessels that arrive at US ports to carry bulk exports like coal or grain are exempted.

    Vessels that move goods between American ports as well as from those ports to Caribbean islands and US territories are also exempted from rules, as are US and Canadian ships that call at ports in the Great Lakes.

    The fees are much lower than a plan floated in February to charge up to $1.5m (£1.1m) for each American port a Chinese ship visits.

    The USTR said a second phase of actions will begin in three years to favour US-built ships carrying liquified natural gas (LNG). These restrictions will rise incrementally over the following 22 years.

    The announcement came as global trade is already being disrupted by Trump’s trade tariffs, experts have said.

    Cargoes originally destined for ports in the US from China are instead being redirected to European ports, a trade group said.

    Businesses have warned this will raise prices for US consumers.

    Since returning to the White House in January, Trump has imposed taxes of up to 145% on imports from China. Other countries are facing a blanket US tariff of 10% until July.

    His administration said this week that when the new tariffs are added on to existing ones, the levies on some Chinese goods could reach 245%.

    These tariffs have caused “significant build ups” of ships, especially in the European Union, but also “significant congestion” at UK ports, according to Marco Forgione, director general of the Chartered Institute of Export & International Trade.

    More containers are coming to the UK, he said.

    “We’ve seen a lot of diversion of ships from China, that were due to head to the US, diverting and coming to the UK and into the EU.”

    In the first three months of 2025, Chinese imports into the UK have increased by about 15% and into the EU by about 12%.

    “That’s a direct impact of what President Trump is doing,” he said, adding that uncertainty and increased disruption pushes up prices for consumers.

    ‘More cargo to Europe’

    Sanne Manders, president of logistics firm Flexport, said both tariffs and strikes at ports in the Netherlands, Germany and Belgium in the first three months of the year had been “clogging” ports.

    Congestion in the UK “is particularly severe in Felixstowe”, while in continental Europe Rotterdam and Barcelona are “also pretty severe”.

    “I do believe that if more cargo is going to be routed towards Europe, finding new buyers that will drive up the volumes even further, that could lead to more congestion,” he said – although terminals would be open for more hours per day in the summer due to better weather.

    He said shippers were looking for new markets, but that also there may be a surge of goods to the US to try to take advantage of that 90-day window for goods from some countries.

    He said in the US, consumers would pay for the tariffs, but European consumers would not see “much impact”.

    Companies would also probably start redesigning their supply chains, he said.

    Chinese fees hit lays Plans port ships
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCorporate Bitcoin Holdings Hit Record High In Q1 2025 As Public Companies Accelerate Accumulation
    Next Article NHL Injuries: Bruins, Flames, Panthers, Islanders, Devils, Sens, Blues, Leafs and More
    kumbhorg
    • Website
    • Tumblr

    Related Posts

    Market News

    Millions of drivers mis-sold car finance to receive average £829 in compensation

    By kumbhorgMarch 30, 2026
    Global Economy Insights

    Measuring Poverty Correctly Reveals a Hard Truth About the Welfare State

    By kumbhorgMarch 30, 2026
    Stock Market Updates

    Fund Category Returns

    By kumbhorgMarch 30, 2026
    Global Economy Insights

    Rahasia Delicious Tusuk Sate Tak Terlupakan

    By kumbhorgMarch 30, 2026
    Market News

    Godalming plant-based cookery classes bring people together

    By kumbhorgMarch 29, 2026
    Global Economy Insights

    Why Gold Continues to Buck Trends and Outperform Stocks

    By kumbhorgMarch 29, 2026
    Add A Comment

    Comments are closed.

    Don't Miss

    San Jose Sharks, Minnesota Wild, and Toronto Maple Leafs Rumors

    By kumbhorgMarch 30, 2026

    Mario Ferraro would like to stay long-term in San Jose, but they may not be…

    Millions of drivers mis-sold car finance to receive average £829 in compensation

    March 30, 2026

    Square Begins Automatic Bitcoin Payment Rollout To Millions

    March 30, 2026

    Scott Mills' abrupt sacking creates another headache for the BBC

    March 30, 2026
    Top Posts

    Satwik-Chirag storm into China Masters final with straight-game win over Malaysia | Badminton News

    September 21, 2025165 Views

    SaucerSwap SAUCE Crypto Breaks Key Resistance Amid Nvidia-Hedera Deal

    July 15, 202546 Views

    Unlocking Your Potential with Mubite: The Future of Crypto Prop Trading

    September 17, 202533 Views

    Stablecoins 2025 Exchange Reserves: Insights into DeFi Trends

    September 8, 202532 Views
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us

    Welcome to KumbhCoin!
    At KumbhCoin, we strive to create a unique blend of cultural and technological news for a diverse audience. Our platform bridges the spiritual significance of the Kumbh Mela with the dynamic world of cryptocurrency and general news.

    Facebook X (Twitter) Pinterest WhatsApp
    Our Picks

    San Jose Sharks, Minnesota Wild, and Toronto Maple Leafs Rumors

    March 30, 2026

    Millions of drivers mis-sold car finance to receive average £829 in compensation

    March 30, 2026

    Square Begins Automatic Bitcoin Payment Rollout To Millions

    March 30, 2026
    Most Popular

    7 things to know before the bell

    January 22, 20250 Views

    Reeves optimistic despite surprise rise in UK borrowing

    January 22, 20250 Views

    Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale

    January 22, 20250 Views
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • About Us
    © 2026 Kumbhcoin. Designed by Webwizards7.

    Type above and press Enter to search. Press Esc to cancel.