> China imposes additional port charges on US vessels, — Reuters
China's Ministry of Transport will impose retaliatory port charges on vessels owned by US companies and individuals starting October 14. The decision mirrors similar measures the US is imposing on Chinese vessels.
>The US charges of $80 per net tonnage unit were initiated following an investigation by the Office of the US Trade Representative (USTR) and, according to Washington, are part of a broader initiative to support domestic shipbuilding and curb China's naval and commercial power.
>Analysts warn that these duties could lead to significant financial losses for large container ships, exceeding $1 million per voyage.
China strongly condemned the US actions, calling them "blatantly discriminatory." Beijing claimed that these measures harm the Chinese shipping industry.