US Ports Appeal for Delay to Tariffs on Chinese Cranes
U.S. port operators are warning that the cost of critical upgrades would balloon by tens of millions of dollars if the Trump administration moves forward with proposed new tariffs on port equipment.
The administration is proposing tariffs of up to 100% on Chinese-made cranes and other cargo-handling equipment as part of broader efforts to counter China's dominance of the maritime industry. Shipping industry officials say the fees would be stacked on top of 25% tariffs on Chinese-made cranes introduced...
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