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.
Nansha’s hub ambitions
China’s southern Nansha port is booming and with 20 of the world’s top 500 companies having bases there and important infrastructure projects afoot, the port is expected to become a logistics hub in Asia, Xinhua news agency said.
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