🚢🇺🇸💼 U.S. Set to Announce Scaled-Back China Port Fees Amid Industry Backlash 🔹 Summary: The U.S. Trade Representative is preparing to unveil a revised plan to impose port fees on China-linked vessels, aiming to boost domestic shipbuilding while avoiding disruptions to America’s supply chain and port infrastructure. The softened proposal follows industry outcry warning that blanket fees would harm U.S. ports, exporters, and shipbuilders — the very sectors the plan intends to support. 🔹 Key Points: • Trump’s port fee plan, tied to reviving U.S. shipbuilding, initially included steep charges per China-linked port call. • Intense opposition from ports, carriers, rail operators, and exporters prompted the USTR to revise and possibly delay implementation until November. • Smaller U.S. ports warned that excessive fees could divert traffic to larger hubs, risking billions in stranded infrastructure investments. • The Shipbuilders Council and port authorities broadly support the policy goals but fear unintended economic damage. • Industry giants like Ports America and labor unions met privately with USTR to urge a more measured approach to avoid crippling U.S. logistics networks. Tickers Of Interest: $ZB $ZN $UNP $BRK. B $GD $HII $USD $BAL $CORN $CL