USTR exempts STS crane orders arriving by May, 2026 from 25% tariff
NewsUnder new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.
The future of Hong Kong’s loss-making River Trade Terminal (RTT) has become uncertain after the government won a court ruling that will limit the five-year old facility to handling containers coming from the Pearl River Delta in south China.
The Court of Appeal overturned last year’s High Court ruling that allowed the RTT to continue handling ocean-going ships coming from other Asian ports.
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This complete item is approximately 425 words in length, and appeared in the June 2004 issue of WorldCargo News, on page 8. To access this issue download the PDF here.
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