25-03-2025, 03:05 PM
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Proposed billion-dollar US levies on Chinese ships risk ‘trade apocalypse’
26-03-2025, 06:45 AM
China now produces more than half of the world’s cargo ships by tonnage
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with Japan and South Korea the other shipbuilding powers. In 2024, US shipyards built just 0.01 per cent
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Dozens of business owners and trade groups will explain why they fear the proposals would disrupt global trade more than US President Donald Trump’s approach to tariffs.
“They see this as more of a threat than the tariffs, because of the impact it’s going to have on the supply chain,” said US National Retail Federation vice-president of supply chains and Customs policy Jonathan Gold. “Carriers have said they’re not only going to pass along the cost, but they’re going to pull out of certain rotations, so the smaller ports, Oakland, maybe Charleston, Delaware, Philly. They’re all going to suffer as a result.”
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it would make American goods too expensive internationally, divert trade away from US regional hubs to Canada and Mexico, overwhelm major US ports, and force up global freight rates and inflation at home.
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An estimated 83 per cent of container ship visits to the US in 2024 would have been hit with fines under the proposed rules, as well as two-thirds of car-carrier calls and nearly a third of crude tankers
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Many carriers and operators say they would happily buy or hire US-built merchant ships, but that it would take decades for US shipyards to meet capacity demands and there is already a shortage of American mariners. At the same time, the port fees would punish carriers for investments they’ve already made in Chinese-built ships.
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The draft document Make Shipbuilding Great Again also suggests that the US will pressure other countries to align against China’s maritime dominance, or face retaliation.
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with Japan and South Korea the other shipbuilding powers. In 2024, US shipyards built just 0.01 per cent
......
Dozens of business owners and trade groups will explain why they fear the proposals would disrupt global trade more than US President Donald Trump’s approach to tariffs.
“They see this as more of a threat than the tariffs, because of the impact it’s going to have on the supply chain,” said US National Retail Federation vice-president of supply chains and Customs policy Jonathan Gold. “Carriers have said they’re not only going to pass along the cost, but they’re going to pull out of certain rotations, so the smaller ports, Oakland, maybe Charleston, Delaware, Philly. They’re all going to suffer as a result.”
......
it would make American goods too expensive internationally, divert trade away from US regional hubs to Canada and Mexico, overwhelm major US ports, and force up global freight rates and inflation at home.
......
An estimated 83 per cent of container ship visits to the US in 2024 would have been hit with fines under the proposed rules, as well as two-thirds of car-carrier calls and nearly a third of crude tankers
......
Many carriers and operators say they would happily buy or hire US-built merchant ships, but that it would take decades for US shipyards to meet capacity demands and there is already a shortage of American mariners. At the same time, the port fees would punish carriers for investments they’ve already made in Chinese-built ships.
......
The draft document Make Shipbuilding Great Again also suggests that the US will pressure other countries to align against China’s maritime dominance, or face retaliation.
26-03-2025, 07:33 AM
![[Image: Screenshot-2025-03-26-07-25-32-64-f9ee05...ccb329.jpg]](https://i.ibb.co/FLY9f7db/Screenshot-2025-03-26-07-25-32-64-f9ee0578fe1cc94de7482bd41accb329.jpg)
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26-03-2025, 07:46 AM
NUKE CHINA
NUKE CHINA
NUKE CHINA NUKE
NUKE CHINA
NUKE CHINA NUKE
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