world-shipping-council-wsc

Updated: Trump ship tariffs sound WSC alarm bells

The World Shipping Council (WSC) says it is seriously concerned over the port fee regime announced by the US Trade Representative (USTR) announced on 18 April, saying that they could undermine trade, hurt US producers, and weaken rather than strengthen the nation’s maritime industry. WSC said that applying fees to vessels already on the water would offer no support for US shipbuilding and, instead, risks harming American exporters — particularly farmers ... [+]