Proposed Trump port fees would hurt US economy with congestion and higher costs, Bimco warns

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Port fees on Chinese-linked vessels would hurt the US economy with higher shipping costs and congestion, an official at shipowners’ group Bimco has warned.

Lars Robert Pedersen, deputy secretary general of the trade organisation, told US trade representative Jamieson Greer that the proposal’s impact on Chinese dominance in the maritime sector is less clear, athough it is the stated goal of the potential fees.