Topic
trade-war
Trade Shippers Say Renewed Tax on Chinese Ships Could Put Some U.S. Ag Producers Out of Business
Democratic Senators Mark Kelly and Elizabeth Warren are urging the Trump administration to reinstate port fees on Chinese cargo vessels, which were suspended until November 2026. The Agriculture Transportation Coalition warns the fees could put some U.S. agricultural producers out of business by dramatically increasing shipping costs and singling out exports for the harshest measures.
Trade Trump threatens 100 percent tariff on France's wine industry over its tech tax - Engadget
President Donald Trump has threatened to impose a 100% tariff on all French wine and champagne imports unless France removes its three percent digital services tax on US tech companies. The threat, made ahead of the G7 conference in France, targets the GAFAM tax which generates around $700 million per year for France. French wine and champagne sales in the US are worth at least $2 billion.
Trade Panama Flag Caught in US-China Crossfire as Shipowners Flee Rising Detentions
The Panama Ship Registry has shrunk by 3.3% so far this year as shipowners abandon the flag due to increased Chinese port state control inspections and geopolitical tensions between Washington and Beijing. China detained 135 Panama-flagged vessels in April, representing 82% of all detentions, and 85% in early May. Owners are migrating to Liberia and the Marshall Islands, which has widened its tonnage lead over Panama.
Trade Pentagon Adds Alibaba and Baidu to Chinese Military-Linked List, Escalating Tech Tensions
The U.S. Defense Department has added Alibaba, Baidu, and two Chinese memory chipmakers to its list of companies believed to have ties to the Chinese military. The update blocks the Pentagon from contracting with these firms or using their products via third parties, raising risks of lost contracts and further straining US-China tech relations.
Trade US Proposes New Tariffs on India Amid Trade Talks
The US Trade Representative has proposed new tariffs on India under Section 301, citing unfair trade practices. This move comes during ongoing trade negotiations between the US and India.