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.
Hutchison Port Holdings (HPH) is negotiating to take an equity stake in Phase II of Xiamen International Container Terminals (XICT) at Haicang port in China. “HPH is in talks with us to bid for the development rights and operation of six berths at Haicang,” said Xiamen deputy mayor Chen Conghui.
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