How much would U.S. Trade Rep’s fees on Chinese-built and operated ships cost U.S. producers?

The U.S. Trade Rep is proposing fees on Chinese-built and operated ships. It comes in an effort to counter its dominance in global shipping.

However, many are concerned it could result in increased transportation costs for U.S. farmers.

American Farm Bureau Economist Danny Munch spoke with RFD-TV’s Suzanne Alexander on what these fees target, how much this would cost U.S. farmers, and additional concerns for producers.

Related Stories
Kansas State University agricultural economist Dr. Gregg Ibendahl discusses rising diesel prices, the influence of global oil markets, and the potential impact on farmers heading into the spring planting season.
Rising protein demand supports long-term trade in feed and meat.
Vive’s Art Graves shared insights on the new Phobos FC 360 foliar fungicide, its advantages for Canadian growers, early performance results, and the company’s ongoing commitment to advanced crop protection solutions.
F-10 Wound Spray can now be used for livestock and other animals as officials monitor the ongoing New World Screwworm outbreak in Mexico.
China’s stricter inspection rules prompt Cargill to pause soybean exports from Brazil, briefly lifting U.S. soybean prices as traders anticipate potential shifts in global trade, as export demand remains supportive across all major U.S. commodities.
Farm Bureau economist Dr. Faith Parum explains how geopolitical dynamics in the Middle East could further tighten fertilizer movement, increase fuel costs, and complicate planting decisions for U.S. farmers this spring.