US, China roll out tit-for-tat port fees, threatening more turmoil at sea


BEIJING/LOS ANGELES: The United States and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.

China said it had started to collect the special charges on U.S.-owned, operated, built, or flagged vessels but clarified that Chinese-built ships would be exempted from the levies.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
Johor a top regional hotspot
Flooring to beat Malaysia’s heat
URA: Why it deserves support
E-invoice exemption threshold up to RM1mil starting 2026, says PM
Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Majuhome� built to last
Genting’s high-stakes double-edged win

Others Also Read