The U.S. Trade Representative's office has proposed charging up to $1.5 million for Chinese-built vessels entering U.S. ports as part of its investigation into China's growing domination of the global shipbuilding,

The U.S. trade war with China is escalating beyond tariffs with a plan by the Trump administration to impose steep fees on Chinese shipping companies and any Chinese-built vessels that enter U.S. ports.

A vessel operator of China to be charged a fee on the international maritime transport being provided (a) at a rate of up to $1,000,000 per entrance of any vessel of that operator to a U.S. port; or (b) per entrance of any vessel of that operator to a U.S. port, at a rate of up to $1,000 per net ton of the vessel’s capacity.

The US Trade Representative’s office says massive state subsidies are giving Chinese shipbuilders an unfair advantage. Read more at straitstimes.com.

The Trump administration is proposing fees on the use of China's commercial ships that it says could help counter the country's maritime dominance.

The Trump administration is considering a plan that could raise port fees on Chinese-made or operated container ships in an effort to support U.S. shipbuilders.

South Korean shipping stocks have experienced a strong rally following reports that the U.S. is moving forward with a proposal to impose fees on Chinese shipping companies and vessels. The news appears to have sparked investor optimism,