The US is planning to charge fees for any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels, the Reuters news agency reports, citing a draft executive order.
The draft, seen by Reuters on Thursday but dated February 27, says the Trump administration will push its allies to do similar or face retaliation.
Fees should be imposed on any vessel entering a US port, “regardless of where it was built or flagged, if that vessel is part of a fleet that includes vessels built or flagged in the PRC [People’s Republic of China]”, according to the draft.
President Trump is aiming to resuscitate US domestic shipbuilding and weaken China’s grip on the global shipping industry.
“The national security and economic prosperity of the United States is further endangered by the People’s Republic of China’s unfair trade practices in the maritime, logistics, and shipbuilding sectors,” it added.
🔹 25% tariffs on Mexico & Canada paused until April 2.
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🔹 IMF warns of economic risks if tariffs return.
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