Author Topic: US Ports Warn of $6.7B Bill if 100% Tariff on China-Made Cranes Kicks in  (Read 89 times)

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Offline rangerrebew

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US Ports Warn of $6.7B Bill if 100% Tariff on China-Made Cranes Kicks in
 
U.S. ports are urging the U.S. Trade Representative (USTR) to reconsider a new 100-percent tariff on Chinese-manufactured ship-to-shore (STS) cranes, citing billions in extra costs.

At a hearing in Washington on Monday, American Association of Port Authorities (AAPA) president and CEO Cary Davis testified that public port authorities would have to pay total tariffs, if imposed, of a combined $6.7 billion over the next decade.
 
"Applying a new 100 percent tariff to Chinese STS cranes will not create a domestic crane manufacturing industry out of thin air," stated Davis, in official comments submitted to the Federal Register. "It will only increase costs for public port authorities."

The 100-percent tariffs would expand on prior 25-percent tariffs slapped on the equipment in 2024 under the Biden administration. At the time, the 81-port AAPA also pushed back against those duties, but to no avail.

https://www.msn.com/en-us/money/markets/us-ports-warn-of-6-7b-bill-if-100-tariff-on-china-made-cranes-kicks-in/ar-AA1F92VX?ocid=BingNewsVerp
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

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Uh-oh!  Not good!  Not good at all!  Our ports are dependent on Chinese machinery? :facepalm2:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online Smokin Joe

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"The proposed tariffs on STS cranes will undermine the U.S. economy and national security by negatively disrupting essential U.S. supply chains," ZPMC said in a filing to the USTR Monday. "China's STS cranes pose no alleged cybersecurity risk, and the proposed tariffs are not a legitimate remedy; and the proposed tariffs would negatively impact the global STS crane industry, including the United States, and would harm, rather than help, the U.S. economy and national security."

How is a dependency on China for port infrastructure not affecting National Security?

It won't until it does.

I did a stint as a structural steel fitter, and if we can build power plants, someone should be able to tool up to build these cranes.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis