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.
Container traffic in China is expected to reach 22 mill TEU this year. In the first nine months, the country’s major ports handled over 16.55 mill TEU, an increase of more than 40 per cent over the same period last year.
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