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Regulation Political Risk and Trade Shipbuilding

USTR investigation concludes China unfairly dominates shipbuilding and shipping

The US trade envoy concluded that China’s targeted dominance of the shipbuilding, shipping and logistics sectors undermines fair competition and US economic interests, setting the stage for potential trade actions

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Any subsequent trade actions against China will be enforced under the Trump administration. If economic sanctions are imposed on China-built vessels, it could potentially lead to a two-tier market, where South Korea- and Japan-built tonnage may enjoy a premium in charter markets

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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