Tariffs on Chinese Cranes Threaten US Port Modernization Plans

The Trump administration’s decision to pause tariffs on Chinese ship-to-shore cranes has not halted plans for steep levies, which are now affecting port modernization projects. Many shipping industry executives are reconsidering investments in bigger, modern cranes due to the 100% tariff rates aimed at reducing China’s maritime dominance.

Source: https://www.wsj.com/articles/tariff-threat-forces-u-s-ports-to-rethink-upgrade-plans-817ce0cd