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Trump’s Tariff Ship Has Sailed: The Chinese Ship Levy
President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.
Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy
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By Mises Institute
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President Trump is proposing a $1.5 million levy on Chinese-built ships that enter US harbors. Since a majority of cargo ships have been produced by Chinese shipyards, the costs would be substantial. This action also would damage US exports, yet another unintended consequence of US policies.
Original article: https://mises.org/mises-wire/trumps-tariff-ship-has-sailed-chinese-ship-levy
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