USTR signals that port fees are coming but plan will be changed
- US Trade Representative Jamieson Greer told senators that some elements of draft port fee plan will not be implemented and fees will not be ‘stacked’ if ships fall in multiple categories
- Greer suggested that the final rule will provide some protections for US commodity exporters
- Port fees are expected to concentrate US containerised imports into America’s largest ports, causing supply chain disruptions
Trump’s tariffs, which go into full force after midnight on Tuesday, are only part of the problem for US trade. Proposed port fees would add to the chaos. US Trade Representative Jamieson Greer suggested on Tuesday that some form of port fees will be implemented
