US to Impose 100% Tariffs on Some Shipping Equipment

The US Trade Office announced that a 100% tariff will be imposed on certain ship-to-shore cranes and cargo handling equipment, according to a statement, in a move that apparently targets Chinese-made port equipment.

• Action is a result of a 301 probe on the maritime transport services of Chinese operators and shipowners
• USTR says it will also eliminate a provision permitting the suspension of LNG export licenses if certain restrictions on the use of foreign-built vessels are not met
• USTR proposes imposing an additional 150% tariff on certain cargo handling equipment and components, and invites public comment on the proposal ...