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 Port of Ningbo in China’s eastern Zhejiang Province plans to strengthen its partnership with rival Shanghai by expanding its own scale as a deepwater port and increasing its specialisation in a bid to capitalise on the central government’s policy to establish Shanghai as a leading international port.
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