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
The U.S. Department of Agriculture (USDA) appointed Dr. Jaye L. Hamby as the new Director of the National Institute of Food and Agriculture (NIFA).
“Our organization was the only one that publicly came out and said, ‘We support these wholeheartedly.’”
“All our bill would do is go back to the way things were for decades prior to the Obama-era regulation...”
