⚓Proposed Modifications Impacting Maritime and Logistics Sectors
Notice of Proposed Modification of Action in Section 301 Investigation of China's Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance
Summary
USTR requests written comments regarding potential modification of certain aspects of the trade action in connection with the Section 301 investigation of China's targeting of the maritime, logistics, and shipbuilding sectors for dominance. The U.S. Trade Representative has determined to propose that it is appropriate to modify the action by: for Annex III, providing for a targeted coverage provision pertaining to vessels in the Maritime Security Program and changing the basis of the fee to net tons; and for Annex IV, eliminating paragraph (j), retroactive to April 17, 2025, under which USTR may direct the suspension of LNG export licenses until the terms of paragraph (f) of this Annex are met. USTR also seeks comments on changing the data reporting requirements in paragraph (k) and applying Annex IV restrictions to vessel owners or operators.
Agencies
- Trade Representative
- Office of United States
Business Impact
$$$ - High
The notice discusses modifications regarding tariffs and fees affecting U.S. maritime and logistics sectors, impacting business operations of vessel owners and operators. Businesses may need to adjust to new fees based on net tonnage and compliance with export license requirements, making this relevant for financial planning and compliance strategies.