Trade

China imposes port charges on US ships: global economic tensions

New Chinese port fees on US ships fuel global economic tensions, with Washington and Beijing in an unprecedented trade clash

(Adobe Stock)

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

China has started to apply the new regime of special port fees to ships owned or operated by US companies, organisations and individuals. The Chinese Ministry of Transport announced 10 implementation details in order to protect the interests of the Chinese shipbuilding industry, which is under pressure from similar measures decided by the US, also effective from today.

The special port charges for eligible US ships docking in Chinese ports will initially be 400 yuan (approximately $56) per net tonne, with gradual increases to 1,120 yuan scheduled from 17 April 2028. The measure also affects "ships operated by US entities, owned or managed by entities with US ownership or control of more than 25 per cent, US-flagged ships and US-built ships".

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Overall, this is a mirror-image move of Washington's Section 301 decision against China's maritime, logistics, and shipbuilding industries in order to counter China's dominance in the sector. According to estimates by the US think tank Csis, in shipbuilding alone, the US has a 0.1% share of the world market compared to more than 50% for China. The Ministry of Transport has in recent days objected to the US move, accusing it of 'seriously violating the principles of international trade and the China-US Maritime Transport Agreement, and seriously undermining bilateral maritime trade'.

The US-China clash over rare earth exports

But the clash over ships and shipbuilding has to be seen in the context of the extremely tough global confrontation between the two superpowers, which has risen to a new level mainly due to Beijing's new limits on rare earth exports, which have sent US President Donald Trump into a rage.

Today, China, through the mouth of an anonymous spokesman for the Ministry of Commerce, assures that it is ready to "fight to the end" in a trade war with the United States, regarding US President Donald Trump's threat on the imposition of further 100 per cent tariffs on made-in-China goods in response to Beijing's new clampdown on rare earth exports. "On the issue of tariffs and trade wars, China's position remains consistent: if you want to fight, we will fight to the end; if you want to negotiate, our door remains open."

Trump: "Non ho cancellato l'incontro con Xi, vedremo"

"On the contrary," the spokesman continued, "the United States has long exaggerated the concept of national security, abused export controls, and imposed discriminatory measures against China. Since the China-US economic and trade talks in Madrid" last month, Washington "has continuously introduced new restrictions" on Beijing, "severely damaging Chinese interests and undermining the climate of bilateral economic consultations. China firmly opposes this.

Fears of a worsening trade war between the parties increased over the weekend, after Trump threatened additional tariffs of 100 per cent from 1 November on all Chinese products in response to China's further and broader clampdown on rare earth exports. His announcement shook markets and called into question a possible upcoming meeting with Chinese counterpart Xi Jinping in South Korea on the sidelines of the Apec forum at the end of October. Yesterday, US Treasury Secretary Scott Bessent said that China's attitude 'is a sign of how weak their economy is and how much they want to drag everyone else down with them. If they want to slow down the global economy, they will be the ones who will suffer the most damage'.

Mar Cinese Meridionale: nave di Pechino sperona imbarcazione filippina

He added: "They are in the middle of a recession/depression and they are trying to get out of it by exporting. The problem is that they are worsening their position in the world". However, the US Treasury Secretary believes that President Trump is still open to a face-to-face meeting with Xi Jinping, speaking of "contacts" between Washington and Beijing to arrange the bilateral.

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