The White House is contemplating making adjustments to the port fee plan on Chinese ships

This week, the White House announced they are considering a change in course on their plan for extra fees on Chinese ships.

U.S. Trade Rep Jameison Greer told lawmakers the plan might not go through. The idea was to charge Chinese ships more to promote shipbuilding in the United States.

The move had some in the U.S. ag industry on edge. The Economic Times reports the pushback may have played into the Administration’s decision to step back.

LATEST STORIES BY THIS AUTHOR:

Farm Bureau Economist Faith Parum discusses key outcomes from the U.S.-China trade agreement and the benefits of expanding trade across Southeast Asia.
Farm CPA Paul Neiffer joined us on Thursday’s Market Day Report to discuss the implications for farmers.
Chris Bliley with Growth Energy discusses ongoing concerns about U.S. ethanol exports and the expansion of market access promised under the Phase One deal between the U.S. and China.
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.