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’s major ports handled 12.68 mill TEU in the first quarter of this year, up 24.7 per cent over the same period of last year. Nearly 95 per cent of the boxes – 11.95 mill TEU – were moved through seaports, up 25.7 per cent, with river ports handling 735,000 TEU.
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