China has introduced new special port service fees targeting U.S.-linked vessels, a move its Ministry of Commerce called a "lawful and necessary" response to recent U.S. trade measures. The decision follows Washington’s April 17 announcement of Section 301 tariffs on Chinese vessels, set to take effect in October.
A Clash of Trade Policies
The ministry accused the U.S. of violating international trade norms and bilateral maritime agreements, stating the fees aim to protect Chinese shipping and shipbuilding industries from "discriminatory" practices. "This is a legitimate act of self-defense," a spokesperson emphasized, framing the policy as a safeguard for domestic enterprises.
Global Implications
Analysts warn the tit-for-tat measures could disrupt supply chains and raise costs for businesses reliant on transpacific shipping routes. The development adds pressure to already strained U.S.-China trade relations, with Beijing urging Washington to "correct its wrong practices" and resume dialogue.
What Comes Next?
As both nations prepare for the fees to take effect this fall, industry groups are assessing potential impacts on global maritime commerce. Observers note the dispute underscores broader tensions in balancing economic competition with cooperative trade frameworks.
Reference(s):
China defends special port fees as lawful response to U.S. measures
cgtn.com