US to Pause Port Fees on China Ships Starting Nov. 10

US to Pause Port Fees on China Ships Starting Nov. 10

From Nov. 10, the U.S. will pause measures designed to combat China’s shipping dominance, the White House said. Meanwhile, Beijing said it would suspend the countermeasures it imposed.

U.S. to pause port fees on China ships next week (SB:NYSE)

The U.S. will suspend port fees for a year on China-linked vessels starting Nov. 10, marking a step toward easing maritime tensions that had become a flashpoint in the trade war.

White House Says US to Pause Port Fees on China Ships Next Week

The US is expected to suspend port fees for a year on China-linked vessels starting next week, as the two countries deescalate a maritime contest that had become a sticking point in the trade war.

US to Suspend Port Fees on Chinese Ships

The United States plans to suspend port fees on vessels linked to China for one year starting next week, marking a step toward easing maritime tensions that have become a contentious point in the ongoing trade dispute between the two nations.

Container lines lead the way as US-China truce boosts share prices

Bulkers follow on with gains as port fees scrapped for at least a year