By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: China retaliates against U.S. port fees with charges on American ships
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » China retaliates against U.S. port fees with charges on American ships

CryptocurrencyFinance ₹Investment

China retaliates against U.S. port fees with charges on American ships

India Times Now Desk
Last updated: October 10, 2025 2:22 pm
India Times Now Desk
Published: October 10, 2025
Share
SHARE


Pictured here is Shanghai Port’s foreign trade container terminal in Shanghai, China on October 9, 2025.

Cfoto | Future Publishing | Getty Images

BEIJING — China on Friday announced that starting Oct. 14, the country will start charging U.S. ships for docking at Chinese ports — a direct response to Washington for imposing fees on Chinese vessels arriving at U.S. ports, set to take effect the same day.

The U.S. fees “seriously violate” international trading principles and “seriously damages” China-U.S. maritime trade, the Chinese Ministry of Transport said in the announcement, translated by CNBC.

China will charge 400 yuan ($56) per net ton for the U.S. vessels, essentially the same as the $50 per net ton that the U.S. is imposing on Chinese ships. Beijing also matched the U.S. with plans to increase the fees over time through April 17, 2028, with the same effective dates.

In the “short term, this will result in an increase in costs for U.S. consumers, a decrease in profits for shippers, and a small decline in demand for exports to the U.S. in certain categories,” said Michael Hart, president of the American Chamber of Commerce in China.

In the longer term, he said there could be more demand for non-Chinese ships. But he didn’t expect an increase in demand for U.S.-made ships due to their high costs and low shipbuilding capacity.

The U.S. only accounts for 0.1% of global shipbuilding, versus 53.3% for China, according to the Center for Strategic and International Studies.

That outsized Chinese market share prompted the U.S. to develop a policy, beginning under the Biden administration, to charge Chinese-made ships when arriving at U.S. ports.

U.S. and China are both avoiding enforcing regulations that restrict AI development: Analyst

The Chinese Ministry of Transport said the fees would apply to vessels owned by U.S. businesses, organizations, individuals and entities holding a 25% or greater stake. Ships flying the U.S. flag or made in Washington would also be charged, the ministry said.

This is “just more tit-for-tat negotiating tactics. The U.S. placed similar fees on Chinese bound vessels and now China is doing the same,” said Peter Alexander, managing director of Z-Ben Advisors in Shanghai.

“The Trump administration continues to underestimate China and this needs to stop,” Alexander said. “There seems to be little consideration given to second and third-order effects of policy choices.”

He added: “China can give as good as it gets and has demonstrated a willingness to take direct action. Have there been any lessons learned by the Americans over the past six months?  It certainly doesn’t seem so.”

The Chinese port fee announcement comes after China doubled down on its export restrictions and broadened its “unreliable entities” blacklist to include chip consulting firm TechInsights, in the last two days.

U.S.-China tensions have remained elevated despite a call between U.S. President Donald Trump and Chinese President Xi Jinping last month, and expectations of a meeting between the two leaders in South Korea in coming weeks.

While Trump has played up progress on a deal for Beijing-based ByteDance to sell the U.S. operations of its TikTok app, China has been less conclusive.



Source link

Asia markets set to track Wall Street losses as investors await Fed meeting decision
David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection
Jes Staley interview about Jeffrey Epstein with House Oversight set
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Upper circuit alert: IT stock in focus as company evaluates AI collaboration with Elon Musk’s SpaceX | Markets
TAGGED:business newsMarket InsiderMarketsStock markets
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

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

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Helpline set up for stranded travellers from Belagavi

India Times Now Desk
India Times Now Desk
March 1, 2026
Shiva Lingam at Andhra’s Draksharamam temple vandalised
High Court quashes FIR against TV executives over ‘casteist dialogue’
Fearing TTE action, cool drinks vendor jumps off moving train in Kerala
Valathu Vashathe Kallan is now on OTT: Where to watch Joju George, Jeethu Joseph’s film
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?