SHIPPING: Most carriers will not add surcharges or service fees to offset USTR port charges
NEW YORK: New port charges from the US Trade Representative (USTR) for Chinese-built and China-based operators are set to take effect on 14 October, and several carriers have announced that they will not implement
China prepares legal grounds for shipping countermeasures against US port fees
BEIJING: China has amended a key maritime law to establish legal grounds for future countermeasures against what Beijing considers unfair treatment of Chinese ships or treaty violations by foreign governments that harm Chinese interests.
US trade team extends India stay as talks progress ahead of July deadline
NEW DELHI : A US trade team that’s currently in India for negotiations has extended its stay, according to people familiar with the matter, in a sign talks are progressing ahead of a July deadline.
Piyush Goyal meets US Secretary Howard Lutnick for a mutually beneficial India-US Trade Agreement
WASHINGTON D.C. : Union Minister of Commerce and Industry Shri Piyush Goyal held a meeting with Howard Lutnick, the United States Secretary of Commerce, to discuss the prospects of a mutually beneficial trade agreement
Interim trade deal with US likely by July 8; India for full exemption from 26% additional tariff
NEW DELHI : India and the US may announce an interim trade agreement before July 8, with New Delhi seeking full exemption from the additional 26 per cent tariff on domestic goods, an official said. The US on
India speeds up trade push amid Trump’s big deal reveal
NEW DELHI : Both countries will try to take advantage of the ongoing 90-day tariff pause to reach an interim agreement and score “early mutual wins” before the first phase of the trade deal
United States eases port fees on China-built ships after industry backlash
WASHINGTON : The Trump administration shielded on Thursday domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels, aiming to revive
US lays out plans to hit Chinese ships with port fees
WASHINGTON D.C. : The US has revealed plans to impose port fees on Chinese ships to try to revive shipbuilding in the US and challenge China’s dominance of the industry. From mid-October, Chinese ship