China's Ministry of Commerce on Thursday expressed concerns that the United States' proposal to levy port fees on ships from the Chinese mainland could disrupt global supply chains and negatively impact the U.S. economy and employment.
He Yadong, spokesperson for the ministry, made these remarks during a press conference addressing the Office of the United States Trade Representative's (USTR) proposal.
He Yadong warned that if the United States insists on imposing port fees, it would drive up global shipping costs and destabilize global supply chains. Additionally, such measures could lead to increased domestic inflationary pressures in the United States, weaken the global competitiveness of U.S. goods, and harm U.S. consumers and businesses.
The USTR announced on February 21 that it was seeking public comment on proposed actions in the Section 301 investigation into China's maritime, logistics, and shipbuilding sectors, including the imposition of port fees.
China has criticized the USTR's Section 301 investigation as an act of unilateralism and protectionism that seriously violates World Trade Organization rules. He Yadong urged the United States to respect facts and multilateral rules, refraining from taking actions that could further disrupt international trade dynamics.
The spokesperson concluded by stating that China will closely monitor U.S. actions and take necessary measures to safeguard its legitimate rights and interests.
Reference(s):
China: U.S. proposal to levy port fees on Chinese ships could backfire
cgtn.com