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.
The Yangtze River Administration (YRA), under the auspices of the Chinese Ministry of Transport, has completed a survey which identifies all the port expansion and renovation projects across the 2,838 km navigable length of the river. These projects, under construction, planned and likely to be approved, involve investments of Yuan27B (US$4B).
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