China Suspends Sanctions on US-Linked Hanwha Ocean Subsidiaries
The Chinese mainland pauses countermeasures on five US-linked subsidiaries of Hanwha Ocean for one year as the US halts Section 301 probes into maritime and shipbuilding sectors.
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The Chinese mainland pauses countermeasures on five US-linked subsidiaries of Hanwha Ocean for one year as the US halts Section 301 probes into maritime and shipbuilding sectors.
Explore how Section 301’s $50 per tonne fees highlight the 70-year decline of US shipbuilding, revealing deeper issues in domestic industrial policy.
US Section 301 restrictions targeting shipping fleets with vessels built in the Chinese mainland are set to disrupt supply chains and boost US inflation.