China hits US ships with retaliatory port fees before trade talks
China will charge 400 yuan per net tonne on U.S. vessels docking at its ports starting October 14, with fees rising annually until 2028 as a retaliation to U.S. measures.
- China will begin charging US ships 400 yuan per net ton at its ports starting October 14, as a retaliatory measure against US fees on Chinese vessels announced earlier this year.
- The Chinese Transport Ministry described US fees on Chinese vessels as a 'serious violation' of international trade principles and detrimental to trade.
- Fees for US vessels will rise annually until reaching 1,120 yuan per net ton in 2028, reflecting similar increases planned by the US for Chinese ships.
- Tensions are expected to escalate as both countries prepare for discussions at the Asia-Pacific Economic Cooperation summit, following a series of retaliatory measures.
110 Articles
110 Articles
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