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Opinion Trump’s Port Features Plan on Chinese ships will not save us on shipbuilding basins

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Global supply chains, which are tense due to epidemic disorders and geopolitical tensions, face a self -wound with the American Trade Representative an offer To impose punitive fees on Chinese ships calling for US ports.
What appears to be another shot in America’s economic confrontation with China-an indirect attempt to revive the long differentiation American shipbuilding industry It is, when accurate inspection, a seriously nearsighted policy.
Suggested penalties, which can It is $ 1.5 million Each call has a port, threatening to disrupt shipping networks with increased costs of American companies and consumers, as well as weakening the American trade impact. The consequences will strike beyond the specified goals.
China is currently Dominate Global shipbuilding. Up to 81 percent of the world’s container ships and 75 percent of wholesale transport companies in Chinese shipbuilding basins – an amazing increase of only 5 percent of the shipbuilding market in 1999.
The rapid growth of Chinese commercial ships has left most of the western shipbuilding basins, including the United States, Unable. The construction of American shipbuilding ponds is adopting less than 0.01 percent of the world’s shipping ships by load. Since American shipbuilding basins give priority to one billion dollars on commercial shipping ships, it is not surprising that shipping companies are chosen by Chinese builders, South Koreans and Europeans instead.
The Trump administration uses the results of the investigation into the commercial law in section 301, which started last year to Justify These sanctions as a retaliatory measure against alleged alleged Chinese practices.

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