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If I were a owner/builder of Jap/Korean ships, I would be really happy if this proposal goes ahead since a superpower has helped me to blunt down 50% of my competitors. I reckon this will probably all part of the grand package of existing tariffs + TikTok sales etc.
US considers adjusting port fee plan for Chinese vessels after pushback: sources
[LONDON/ATHENS] President Donald Trump’s administration is considering softening its proposed fee on China-linked ships visiting US ports after a flood of negative feedback from industries that said the idea could be economically devastating, according to six sources.
Among the changes under consideration are delayed implementation and new fee structures designed to reduce the overall cost to visiting Chinese vessels, according to the six sources with knowledge of the matter.
https://www.businesstimes.com.sg/interna...ck-sources
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Asian buyers shun US farm goods, hit by ship crunch and trade war
Traditional US wheat buyers like Japan and South Korea are expected to continue purchasing American cargoes, however they may buy some corn and soybeans from alternative suppliers in South America and the Black Sea region.
“As of now, buying of US products has virtually stopped. But looking ahead, we expect Japan and South Korea to keep taking US wheat as they are committed to buying from the US,” the second Singapore trader said.
https://www.businesstimes.com.sg/interna...-trade-war
US considers adjusting port fee plan for Chinese vessels after pushback: sources
[LONDON/ATHENS] President Donald Trump’s administration is considering softening its proposed fee on China-linked ships visiting US ports after a flood of negative feedback from industries that said the idea could be economically devastating, according to six sources.
Among the changes under consideration are delayed implementation and new fee structures designed to reduce the overall cost to visiting Chinese vessels, according to the six sources with knowledge of the matter.
https://www.businesstimes.com.sg/interna...ck-sources
-----------------------------
Asian buyers shun US farm goods, hit by ship crunch and trade war
Traditional US wheat buyers like Japan and South Korea are expected to continue purchasing American cargoes, however they may buy some corn and soybeans from alternative suppliers in South America and the Black Sea region.
“As of now, buying of US products has virtually stopped. But looking ahead, we expect Japan and South Korea to keep taking US wheat as they are committed to buying from the US,” the second Singapore trader said.
https://www.businesstimes.com.sg/interna...-trade-war