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:

RFD-TV farm legal and taxation expert, Roger McOwen, joins us with his perspective on what farmers can expect from the delayed aid package.
Microsoft’s partnership with the National FFA Organization is helping future ag leaders gain the tools they need to drive innovation in farming and beyond.
U.S. Senator Joni Ernst (R-IA) joined us on Wednesday’s Market Day Report to share why Ames is uniquely positioned to support expanded USDA operations.
Iowa land values dropped 3% year-over-year. Sen. Chuck Grassley said this discomforting pattern is a harbinger of crisis for farmers, as seen in the 1980s.
Prepare for tighter cash flow, delayed capital buys, and policy-driven risk management this fall.