NewsUS tariff on Chinese-made container cranes will distort competition between ports

July 3, 2024by 0

US container ports with outstanding orders for Chinese-made ship-to-shore cranes are facing a cumulative additional bill of $131m, due to a recent government decision to apply a 25% tariff on the products.
In a submission to the Office of the US Trade Representative (USTR), the American Association of Port Authorities (AAPA) claimed some 35 cranes were under construction in China that would be delivered to US ports after the tariff implementation …

The post US tariff on Chinese-made container cranes will distort competition between ports appeared first on The Loadstar.

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