Trump's proposed port fees on Chinese vessels face significant backlash

The Trump administration's proposal to impose fees on Chinese-built or operated vessels docking at U.S. ports has faced significant backlash from industry executives and business groups. Critics argue that the plan, which includes a charge of up to $1.5 million per port call, could harm American ship operators by limiting their options and concentrating traffic at major ports. A coalition of nearly 300 business groups is urging the U.S. Trade Representative to abandon the fees, arguing that they would ultimately hurt American businesses and consumers without effectively curbing China's maritime ambitions. China has also condemned the proposal, claiming it undermines the authority of the International Maritime Organization and complicates global maritime governance. The hearings on the proposal are expected to highlight these concerns, with testimonies from key stakeholders in the shipping industry. The proposed fees could reshape U.S. cargo movements and significantly impact trade practices involving dry bulk vessels.