US-China trade tensions simmer as port fees take effect
Source: BBC
New fees on US ships arriving in Chinese ports came into effect on Tuesday, as trade tensions between Washington and Beijing increase.The charges - which China says aim to "safeguard its shipping industry" from "discriminatory" measures - apply to US-owned, operated, built, or flagged vessels but not Chinese-built ships, state media said.It comes in retaliation as the US is set to start charging fees on Chinese…
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