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 will develop at least one hub port in the north as trade volumes soar on the back of the area’s expanding economy, which will be further boosted by Beijing’s entry into the WTO, according to Tang Limin, lecturer at Japan’s Kobe University of Mercantile Marine.
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