Trump To Kill CCP Shipping and Ship Building

Started by Solar, February 27, 2025, 02:06:20 PM

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Solar

This is Excellent news! :thumbup:
The Panama canal Was Only the Beginning.

The Office of the United States Trade Representative (USTR) has announced sweeping new measures targeting China's growing dominance in global maritime sectors, including potential fees of up to $1.5 million per port call for Chinese-built vessels, $1 million per port call for operators of Chinese-built ships, and mandatory U.S.-flag shipping requirements.

Snipped. But there's a lot to read.


Service Fee on Chinese Maritime Transport Operators:
Up to $1,000,000 per entrance of any vessel operated by a Chinese company to a U.S. port.
Alternatively, up to $1,000 per net ton of the vessel's capacity.
Service Fee on Maritime Transport Operators with Fleets Comprised of Chinese-Built Vessels:
Flat Fee: Up to $1,500,000 per entrance of a Chinese-built vessel to a U.S. port.
Tiered Fees Based on Fleet Composition:
50%+ Chinese-built fleet: Up to $1,000,000 per entrance.
25–50% Chinese-built fleet: Up to $750,000 per entrance.
0–25% Chinese-built fleet: Up to $500,000 per entrance.
Additional Fee: Up to $1,000,000 per entrance if the operator's fleet consists of at least 25% Chinese-built vessels.
Service Fee on Maritime Transport Operators with Prospective Orders for Chinese Vessels:
Tiered Fees Based on Orders from Chinese Shipyards:
50%+ of vessels ordered: Up to $1,000,000 per entrance.
25–50% of vessels ordered: Up to $750,000 per entrance.
0–25% of vessels ordered: Up to $500,000 per entrance.
Additional Fee: Up to $1,000,000 per entrance if 25% or more of total vessels ordered are from Chinese shipyards.
Service Fee Remission for Maritime Transport via U.S.-built Vessels:
Operators subject to fees can receive a refund of up to $1,000,000 per U.S. port entrance for using U.S.-built vessels.
Restrictions on Services to Promote U.S.-Built and U.S.-Flagged Vessels:
Mandatory Use of U.S.-Flagged Vessels for U.S. Exports (Phased Implementation):
Year 1: At least 1% of U.S. exports must be transported on U.S.-flagged vessels.
Year 2: At least 3% of U.S. exports must be transported on U.S.-flagged vessels.
Year 3: At least 5% of U.S. exports must be transported on U.S.-flagged vessels, with 3% on U.S.-built, U.S.-flagged vessels.
Year 7: At least 15% of U.S. exports must be transported on U.S.-flagged vessels, with 5% on U.S.-built, U.S.-flagged vessels.
U.S. Goods Transport Restriction:
U.S. goods must be transported on U.S.-flagged, U.S.-built vessels.
Operators may use non-U.S.-built vessels only if they commit to transporting at least 20% of their U.S. exports on U.S.-built, U.S.-flagged ships.

https://gcaptain.com/trump-administration-proposes-massive-port-fees-on-chinese-built-vessels/?ICID=ref_fark
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