HONG KONG/WASHINGTON -- U.S. President Donald Trump wants to make American shipbuilding great again. But one of the pillars of his plan -- imposing million-dollar fees on vessels made by China each time they dock in the U.S. -- received significant pushback from industry insiders on Monday, warning that ill-designed levies could have devastating consequences for American companies and workers.
The Office of the U.S. Trade Representative, which probed China's outsized influence in global shipping a year ago, kicked off two days of public hearings in Washington to seek comment on the proposals, which include charging up to $1.5 million whenever a Chinese-built or owned ship calls at a U.S. port.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
