Tag: shipping industry
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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…