Search Results for keywords:"logistics sector"

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Search Results: keywords:"logistics sector"

  • Type:Notice
    Citation:90 FR 8089
    Reading Time:about 6 minutes

    The Office of the United States Trade Representative (USTR) has determined that China's efforts to dominate the maritime, logistics, and shipbuilding sectors have been found to be unreasonable and negatively impact U.S. commerce, making it actionable under section 301 of the Trade Act of 1974. The USTR's investigation revealed that China implements aggressive policies and industrial planning to gain a significant market share in these sectors, which disadvantages U.S. companies by reducing competition and creating dependencies that pose economic security risks. Public comments and a report underscore that these actions undercut U.S. business opportunities and investments, and restrict competition and choice, affecting vital supply chains. Future proceedings will decide on actions to counter China's practices under section 301(b).

    Simple Explanation

    The U.S. government thinks China is being unfair by trying very hard to be the best in ships and shipping, which might hurt businesses in America, and they want to figure out how to stop this.

  • Type:Notice
    Citation:90 FR 10843
    Reading Time:about 16 minutes

    The Office of the United States Trade Representative (USTR) is seeking written comments on possible trade actions in response to China's efforts to dominate the maritime, logistics, and shipbuilding sectors. The USTR plans to hold a public hearing and is proposing fees on services provided by Chinese maritime operators entering U.S. ports, as well as restrictions to encourage the transport of U.S. goods on U.S. vessels. Additionally, there may be actions to reduce reliance on Chinese logistics platforms. Comments must be submitted by March 24, 2025, for consideration.

    Simple Explanation

    The U.S. wants to hear what people think about a plan to make Chinese ships pay fees when they come to America, because China is trying to be the best at building and moving ships. They're also thinking of rules that might help American-built ships do more work.