Trump administrationAsia frets Trump's next trade salvo: million-dollar port entry fees
Executive order on restoring shipbuilding prowess envisions raking in foreign money
A cargo ship sits outside of the Port of Elizabeth in the northeast U.S. China-related ships may be subject to million-dollar port entry fees, according to an executive order issued on April 9. © Reuters
WASHINGTON -- Asian embassies in Washington scrambled to gather information on Thursday, a day after U.S. President Donald Trump signed an executive order vowing to rebuild American shipbuilding capacity with the help of new tariff revenue, fines and fees.