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.
Cosco Pacific has sold its 17.5 per cent stake in Phase I of Shekou Container Terminals (SCT) to China Merchants International Holdings (CMHI) for HK$610 mill (US$78 mill).
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