The US Trade Representative announced a plan last month to impose tariffs of up to 100% on ship-to-shore cranes and cargo handling equipment made in China or built using Chinese parts. — The Korea Herald
SEOUL: Port cranes have surfaced as South Korea’s next bargaining chip in tariff negotiations with the United States in the wake of the Trump administration’s efforts to phase out made-in-China cranes at US ports.
The US Trade Representative announced a plan last month to impose tariffs of up to 100% on ship-to-shore, or STS, cranes and cargo handling equipment made in China or built using Chinese parts, emphasising the need to reduce America’s reliance on Chinese maritime infrastructure and address national security concerns.
