China's Port Fees Response to U.S. Tariffs
China's Ministry of Transport has announced new, escalating port fees on U.S.-owned, operated, or flagged vessels, starting October 2025. This move comes as a direct response to similar U.S. levies on Chinese ships.
The policy involves government ministries, state shipping enterprises, and coordination at the executive level by national leaders. It highlights the ongoing tension in U.S.-China trade relations as key national figures prepare for future discussions.
Chen Limin, Spokesperson, Ministry of Transport of the People's Republic of China, stated, "The new fees for U.S.-owned vessels are a necessary adjustment in response to the tariffs imposed by the U.S. on our shipping enterprises."
Port Fees to Reach 1,120 Yuan by 2028
The newly imposed fees start at 400 yuan per net tonne and could reach 1,120 yuan by 2028. These measures imply a potential increase in costs for U.S. shippers, affecting global shipping dynamics amid the trade tension.
Experts anticipate possible financial implications for both American and Chinese shipping companies. Cosco and OOCL are expected to face increased fees, estimated at billions annually, if the policy remains in place.
Protectionist Measures Target Shipping Sector
These actions reflect prior tit-for-tat protectionist measures witnessed since the 2018 trade war. However, targeting the shipping sector marks a new level of direct engagement in logistics and infrastructure.
Analysts predict that the ripple effects could challenge supply chain reliability and increase global trade costs, but direct blockchain or cryptocurrency impacts aren't currently evident based on available data.