In a bold tit-for-tat move, China's Ministry of Commerce has slapped special port service fees on U.S.-linked vessels, calling it a lawful self-defense measure against Washington’s trade actions ⚓️🚢
This decision responds directly to Washington's April 17 announcement of Section 301 measures, which will start charging port fees on Chinese vessels from October 14. China says the move breaks international trade norms and violates the China-U.S. maritime transport agreement 📝
The ministry argues that its countermeasure is all about protecting Chinese shipping and shipbuilding firms. It emphasizes the fees are a justified response to what it views as discriminatory practices 🎯
Beyond the fees, China is urging the U.S. to act prudently and correct its wrong practices, working together to resolve issues through dialogue and cooperation on an equal footing 🤝🌏
As the clock ticks down to October, all eyes will be on whether both sides choose escalation or engagement. One thing’s for sure: the high-stakes trade game just got a new port of call!
Reference(s):
China defends special port fees as lawful response to U.S. measures
cgtn.com
