The U.S. Trade Rep’s office is looking at making trade more fair. It comes after an investigation into China, and it directly targets their maritime industry.
The Office says China is dominating in areas like maritime, logistics, and shipbuilding, warning it places unreasonable burdens on U.S. commerce. They are hoping to use fees on Chinese ship operators and owners.
Not everyone is on board, though, with one U.S. shipping industry official calling the proposal “catastrophic.” Consultants with O’Neil Commodity Consulting say that in 2022, more than a third of all commercial ships were built in China, and that number is now closer to 22 percent.
Related Stories
RealAg Radio’s Shaun Haney discusses Canada’s record farm cash receipts, profitability trends in livestock and crops, and the impact of rising input costs in 2026.
National Cotton Council’s Gary Adams joins us to discuss the USDA’s Great American Cotton Plan, crop conditions, prices, and efforts to boost domestic demand.
The agreement establishes a new system to monitor water deliveries to Texas and sets limits on how far Mexico can fall behind on its treaty obligations.
China’s expanding farm assistance in Cuba bears watching as food trade becomes part of regional influence.
Reduced slaughter numbers and stronger export demand are helping push livestock by-product values higher.
LSU economist Dr. Michael Deliberto says fewer planted acres could tighten supplies and support prices for producers.
