pi_circular Geopolitical riskMarkets & trade Gard
The US and China have introduced reciprocal port fees targeting vessels linked to each other’s countries, marking a novel use of port fees as geopolitical tools akin to tariffs. The fees are based on vessel ownership, operation, flag, and place of build, but the regulations contain ambiguities, especially around definitions of owner and operator. Our authors compare and comment on the provisions.
The US and China port fees: a comparison | Gard's Insights
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