The Trump administration on Thursday announced fees on Chinese-built vessels.

cross-posted from: https://lemmy.world/post/28401341

The U.S. government began investigating China’s dominance in the shipbuilding industry, where it manufactures as much as 75%-80% of fleets, during the Biden administration.

Steep levies on Chinese-made ships arriving at U.S. ports have been proposed, up to as much as $1.5 million, as part of a plan to bring more ship manufacturing back to the U.S., a policy which has bipartisan support.

    • justOnePersistentKbinPlease@fedia.io
      22·
      23 hours ago

      Trick is that Vancouver is a massive port complex and can pick up the slack for the US pacific ports.

      And knowing how Richmond, BC operates, expect to see a lot of sudden Chinese business activity where things are being “finished” in Canada then shipped to the US.