The China Shipowners’ Association said it will continue to “actively communicate” with the US and other parties regarding the new customs duties that the administration of former President Donald Trump plans to impose on Chinese ships calling at US ports.
Bloomberg reports this with reference to a statement by the association published on WeChat.
What does the US plan envisage?
The proposed tariffs will be the result of a months-long investigation launched under the Joe Biden administration. The aim was to find out whether Chinese shipbuilding poses a threat to US national security.
According to a document filed by the US Trade Representative on Thursday:
- All Chinese vessels arriving in the US will be subject to a per-voyage cargo fee.
- The duties also apply to all foreign-built vessels, not just Chinese ones, including trucks calling at US ports.
The initial fee rate is USD 50 per tonne of net gross tonnage of the vessel, with a gradual increase over three years.
The next stage is planned separately – restrictions for foreign-built ships carrying liquefied natural gas (LNG), which will start in three years.
Beijing’s reaction:
In a statement, the China Shipowners Association called this move:
“Substantially discriminatory” and based on false facts and prejudice.
The Association called for de-escalation, stressing that it is ready for dialogue, but categorically rejects political speculation in trade and shipping.
The so-called 301 petition, to which the Trump administration refers, provides for the entry into force of the duties six months after their promulgation.
Against the backdrop of the escalating US-China trade confrontation, the new restrictions could lead to further increases in global transport costs, especially in LNG and road logistics.
