Mastodon

China Slams U.S. Port Fees on Chinese Ships as Global Trade at Risk

🚢 The U.S. Office of the United States Trade Representative (USTR) has proposed levying fees on Chinese ships entering U.S. ports, a move that China warns could disrupt global supply chains and harm the U.S. economy. 🌐

At a recent press conference, He Yadong, spokesperson for the Ministry of Commerce, expressed strong opposition to the proposal. \"Charging fees on Chinese ships will drive up global shipping costs and disrupt the stability of global supply chains,\" He stated.

He highlighted that such measures could increase inflationary pressures within the United States, weaken the global competitiveness of U.S. goods, and negatively impact consumers and businesses across the country. 📉

The USTR's proposal is part of the ongoing Section 301 investigation into China's maritime, logistics, and shipbuilding sectors. He criticized the investigation as an act of unilateralism and protectionism that violates World Trade Organization (WTO) rules.

China is urging the United States to respect multilateral rules and refrain from actions that could escalate tensions. \"We will closely monitor U.S. actions and take necessary measures to safeguard our legitimate rights and interests,\" the spokesperson added.

As global trade dynamics evolve, the international community watches closely to see how these developments will affect economic stability and cooperation between major economies. 🌍✨

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top