Laura Curtis

1 month ago | news.bloombergtax.com | Weilun Soon |Laura Curtis

Ships are the backbone of global trade, and Donald Trump is unhappy that most of them are made in China. His government argues that China’s dominance in ship construction was achieved unfairly and harms American interests. It’s proposed to levy a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a US port, and demand that more American vessels transport US products. The ultimate goal is to engineer a revival of domestic shipbuilding.

1 month ago | news.bloomberglaw.com | Weilun Soon |Laura Curtis

Ships are the backbone of global trade, and Donald Trump is unhappy that most of them are made in China. His government argues that China’s dominance in ship construction was achieved unfairly and harms American interests. It’s proposed to levy a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a US port, and demand that more American vessels transport US products. The ultimate goal is to engineer a revival of domestic shipbuilding.

1 month ago | ttnews.com | Ruth Liao |Laura Curtis

Government Business Logistics Global Freight March 26, 2025 4:05 PM, EDT US Trade Representative Says Fees Would Boost Domestic Shipbuilding Industry Dole bananas at an H Mart grocery store in Fairfax, Va. (Al Drago/Bloomberg News) [Stay on top of transportation news: Get TTNews in your inbox.] A proposal to curb China’s dominance of the global maritime industry would have an outsize impact on bananas — and aggravate consumers already sensitive to higher prices at the grocery store, according...

1 month ago | news.bloomberglaw.com | Ruth Liao |Laura Curtis

A proposal to curb China’s dominance of the global maritime industry would have an out-sized impact on bananas — and aggravate consumers already sensitive to higher prices at the grocery store, according to the largest US supplier of the fruit. “The US fresh fruit trade would be severely impacted by this proposed fee but so would the consumer,” said Jared Gale, chief legal officer and company secretary for Dole Plc.

1 month ago | ca.finance.yahoo.com | Ruth Liao |Laura Curtis

(Bloomberg) -- US lawmakers, labor unions and steel manufacturers were at odds with shipping companies and farm exporters Monday over a Trump administration proposal to put million-dollar levies on China-linked ships docking in the US. • None They Built a Secret Apartment in a Mall. Now the Mall Is Dying. • None Why Did the Government Declare War on My Adorable Tiny Truck?