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.
China Merchants Holdings International (CMHI) of Hong Kong is planning to spend Yuan8 bill (US$966 mill) over the next four years to upgrade its container terminals in western Shenzhen in the Pearl River Delta in south China.
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