Summary
Trump’s proposed fees on China-built ships at U.S. ports are causing coal stockpiles to grow and disrupting agricultural exports.
The plan aims to boost U.S. shipbuilding by imposing up to $1.5 million in fines, but vessel shortages have stalled shipments of coal, oil, LNG, and farm products.
Coal exports worth $130 billion are at risk, and farmers face up to $930 million in added costs.
Industry groups warn of severe economic impacts, while limited availability of U.S.-built, U.S.-flagged vessels compounds challenges.
One of the problems is many of our shipbuilding ports are shuttered, right, it’s not as much a matter of competition, but they just dont make ships? Putting fines, not to the registered owner, or port of origin but orgin of manufacture for a ship? Seems an absolute nightmare to implement, without alot of use. Where would the money go? Obviously it wouldn’t be used to reopen and run U.S. shipbuilders, so it’s just a money grab for trump to embezzle more money or to piss off more people for no good reason.
This is so stupid. The length of time alone to build ships here would take years, possibly decades to see any real effect. That’s not even taking into account how few shipyards could make the size ships needed anyway.
