After weeks of speculation, the U.S. Trade Representative says fees on Chinese-made ships are on the horizon.
Starting in October, the U.S. will charge Chinese-built ships and operators based on cargo volumes. This will not apply to ships arriving at U.S. ports empty or those on shorter trips.
The fee will be $50 per net ton and will increase by $30 each year over the next three years. Leaders at the Ag Transportation Coalition tell AgriPulse the final list of fees is better, but not good enough, warning the cost to ship commodities, like soybeans, could go up.
Related Stories
Ag Secretary Brooke Rollins signed six MAHA waivers for SNAP in Hawaii, Missouri, North Dakota, South Carolina, Virginia and Tennessee.
Farm Journal Foundation Senior Policy Adviser Dr. Stephanie Mercier outlines new research on the top sixteen biosecurity threats in agriculture/
Rural employers are slightly more optimistic, but labor shortages and renewed price pressures continue to limit growth across farm country according to a
American Soybean Association President Caleb Ragland shares the soybean sector outlook following the announcement of farm aid to offset losses for U.S. row crop growers.
