US Importers and Exporters Fret Over Port Fees on Chinese Ships
Ocean shipping companies say importers and exporters won't have to pay surcharges when new fees are imposed next month on Chinese ships at U.S. seaports.
Some businesses fear price increases are coming anyway.
Peter Friedmann, executive director of the Agriculture Transportation Coalition, which represents American farmers, said ocean carriers can't pass on extra costs today because trade flows are falling and carriers are fighting for market share.
They will have to pass on those new costs eventually, he said. "They are increasing their own internal costs," Friedmann...
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