Tag: COSCO
-
US-China Port Fee War Threatens Global Maritime Trade
Overview: A new front in the US-China trade war The United States and China are expanding a battle that began on land into the high seas. Beginning this week, both countries plan to levy port fees on ocean carriers that move goods ranging from consumer toys to crude oil. The move marks a rare instance…
-
US-China Port Fees Spark Tit-for-Tat Turmoil in Global Shipping
Global Freight at a New Front: Port Fees Between the US and China The United States and China have begun imposing port charges on vessels linked to the rival country, turning the oceans into a fresh battleground in a long-running economic showdown. The move could reshape how goods—from holiday toys to crude oil—shuffle across the…
-
Tit-for-Tat Port Fees Put US-China Maritime Tensions on a Collision Course
Overview: A New Front in the US-China Trade War The world’s two largest economies are expanding their conflict from tariffs at the border to charges at sea. Starting this week, the United States and China will both impose port fees on ocean shipping firms that move a broad spectrum of goods, from consumer toys to…