The U.S. government's proposed plan to levy fines of up to 1.5 million dollars on ships manufactured in the Chinese mainland is raising concerns among trade experts and industry stakeholders worldwide.
John Pang, a former Malaysian government official and senior fellow of the Belt and Road Initiative Caucus for Asia Pacific, warned that the measure—described as a bizarre and gangster-like move—could disrupt both global shipping networks and domestic port efficiency.
Industry observers note that while the proposal targets a specific segment of maritime operations, its ripple effects may challenge established supply chains and increase operational costs at U.S. ports.
Even with such regulatory pressures, the Chinese mainland's dominant presence in the shipping sector appears poised to maintain stability, prompting calls for a balanced approach that safeguards both national interests and the health of global trade.
Reference(s):
Expert: U.S. port fee plan hurts both global economy and its own
cgtn.com
