“We oppose the port fees": World Shipping Council on potential port fees targeting Chinese-built ships

“We oppose the port fees because they are going to have a severe effect on the U.S. economy and, in particular, agricultural exporters and farmers.”

The ag sector is keeping a close eye on potential port fees targeting Chinese-built ships. While it aims to strengthen the administration’s “America first” trade agenda, many are concerned it could result in increased costs for U.S. farmers.

CEO of the World Shipping Council, Joe Kramek spoke with RFD-TV’s own Suzanne Alexander on testifying at the USTR hearing, ripple effects on farm exports, and what this will mean for the ag economy.

Related Stories
Strong cattle values persist as producers weigh the costs and risks associated with herd expansion.
Export inspections showed continued strength in corn movement, while China remained a key destination for soybeans.
Allendale analysts say lower hog production has yet to generate the typical seasonal price movement.
Lewis Williamson with HTS Commodities discusses late-season planting progress, market fundamentals heading into summer, and the influence of biofuel policy on grain demand.
The International Dairy Foods Association is developing new tools to help identify emerging export opportunities for dairy products.
New livestock pest research in Texas could strengthen tools protecting cattle health, movement, and ranch profitability.