China urges US to rethink as it announces ‘reciprocal’ port fee structure

Beijing urged the United States to rethink its looming port call fee structure, as it announced details of its reciprocal policy toward US ships calling at its ports.
New port fees for both the US Trade Representative and China will take effect on Tuesday, October 14, with China’s Ministry of Transportation setting rates in line with those of the US Trade Representative, at RMB 400 ($56) per net ton, rising every year until 2028, when…

The post China Urges US to Rethink as It Announces ‘Reciprocal’ Port Fee Structure appeared first on The Loadstar.

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