China Hits Back with Port Charges on U.S. Ships Amid Trade Tensions

China will impose port charges on U.S. ships starting October 14 as retaliation against the United States for similar fees on Chinese vessels, escalating trade tensions.

• Beginning October 14, China will charge U.S. ships 400 yuan ($56) per net ton for docking at its ports, countering U.S. fees imposed on Chinese vessels.
• The Chinese Ministry of Transport stated that the U.S. fees seriously violate international trading principles and harm China-U.S. maritime trade relations.
• This move marks a significant escalation in ongoing trade tensions, reminiscent of the conflicts during Donald Trumps administration, impacting both economies.