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Port Fees News

 

Trump, Xi Pause Port Fees on Each Other's Vessels

Oct 30, 2025

The U.S. and China agreed on Thursday to pause tit-for-tat fees on each other's ships that became a major irritant in the broader trade war between the world's two largest economies and pushed up ocean freight costs.The move provides a 12-month reprieve on an estimated $3.2 billion annually in fees for large Chinese-built vessels sailing to U.S. ports and was among the trade deals reached in South Korea by U…

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