China Suspends Countermeasures on Hanwha Ocean’s US-linked Units
China suspends for one year its countermeasures on five US-linked subsidiaries of Hanwha Ocean as the US pauses its Section 301 probe into the Chinese mainland’s maritime sectors.
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China suspends for one year its countermeasures on five US-linked subsidiaries of Hanwha Ocean as the US pauses its Section 301 probe into the Chinese mainland’s maritime sectors.
New Section 301 fees target Chinese ships at $50 per net tonne, but real story is America’s decades-long slip in shipbuilding skills, tech and policy.
The Chinese mainland’s Ministry of Transport has launched a probe into how the U.S. Section 301 investigation affects its shipping, shipbuilding sectors and supply chains.
The Chinese mainland’s commerce ministry bars Chinese organizations and individuals from working with five US-linked firms, countering the US’s Section 301 probe on maritime, logistics and shipbuilding.
New US Section 301 curbs target Chinese shipping operators, risking global supply chain disruptions and rising US inflation. A ripple effect affecting everyday life.