And if/when the US has full control of the Panama Canal, they absolutely are going to charge Chinese ships exorbitant prices to transit or prevent them from using it altogether.
gary_oldman_sachs on
>“They see this as more of a threat than the tariffs, because of the impact it’s going to have on the supply chain,” said Jonathan Gold, vice president of supply chains and customs policy at the National Retail Federation. “Carriers have said they’re not only going to pass along the cost, but they’re going to pull out of certain rotations, so the smaller ports, Oakland, maybe Charleston, Delaware, Philly. They’re all going to suffer as a result.”
>In letters to the USTR and interviews with Bloomberg News, business owners and industry officials said the proposals don’t make sense if the goal is to revive the domestic shipbuilding industry, and would potentially be devastating for the US economy. They argue it would make American goods too expensive internationally, divert trade away from US regional hubs to Canada and Mexico, overwhelm major US ports, and force up global freight rates and inflation at home.
ModsAreFired on
The navy is prohibited by law from buying foreign ships.
Sucks but there’s no easy way of solving the navy’s problem, you can make the life of everyone worse however by levying fees on Chinese ships because “national security”.
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touchthestovetouchthestovetouchthestove
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And if/when the US has full control of the Panama Canal, they absolutely are going to charge Chinese ships exorbitant prices to transit or prevent them from using it altogether.
>“They see this as more of a threat than the tariffs, because of the impact it’s going to have on the supply chain,” said Jonathan Gold, vice president of supply chains and customs policy at the National Retail Federation. “Carriers have said they’re not only going to pass along the cost, but they’re going to pull out of certain rotations, so the smaller ports, Oakland, maybe Charleston, Delaware, Philly. They’re all going to suffer as a result.”
>In letters to the USTR and interviews with Bloomberg News, business owners and industry officials said the proposals don’t make sense if the goal is to revive the domestic shipbuilding industry, and would potentially be devastating for the US economy. They argue it would make American goods too expensive internationally, divert trade away from US regional hubs to Canada and Mexico, overwhelm major US ports, and force up global freight rates and inflation at home.
The navy is prohibited by law from buying foreign ships.
Sucks but there’s no easy way of solving the navy’s problem, you can make the life of everyone worse however by levying fees on Chinese ships because “national security”.