US lays out plans to hit Chinese ships with port fees

The Trump administration has unveiled its plan to impose port fees on Chinese ships as it tries to revive shipbuilding in the US and challenge China's dominance of the industry.The US Trade Representative's (USTR) announcement is less severe than a plan floated in February to hit vessels produced by China with fees of up to $1.5m for each American port they visited.It said the fees would start to be charged in…