On October 14th, the United States wanted to charge sky-high port fees on Chinese ships, with an extra charge of 5 million per ship.
As a result, before the policy was implemented, Wal-Mart and Home Depot panicked and diverted to Vietnam and South Korea. The goods arrived nine days late, and all the Christmas goods were suspended.
Our country didn't say much nonsense, but replied directly: American ships will charge an additional $52 per ton, effective on the same day.
Recently, the Chinese and U.S. struggle in international trade has taken a new stage, this time from commodity tariffs to port service fees.
The ins and outs of the matter are clear, but the game behind it is more worth pondering.
Simply put, the United States wanted to charge high port charges on our ships, and as a result, without waiting for the policy to really land, our country gave them a beautiful counterattack in the same way.
This confrontation not only made the global shipping industry feel the tension between the two countries, but also made many American companies start headaches, even Christmas business suspended.
How did it start? As early as April, the United States spread rumors that it would impose additional port fees on Chinese ships.
This charging standard can be said to be quite exaggerated. It is said that the cost of each ship has suddenly increased by 5 million US dollars.
This kind of charge is not only not applied to ships from other countries, but is also specifically targeted at ships from our country, with a clear discriminatory connotation.
In their words, this is "to protect our country's shipping industry", but one can see at first glance that this is the transformation of our country's enterprises.
Originally, the United States planned to officially implement this charging policy on October 14th, but what people didn't expect was that China fought back faster than they thought.
Just days before the U.S. policy came into force, China's transportation department directly issued an announcement, saying that U.S. ships entering our ports would be charged a special port service fee, plus $52 per ton of goods.
This policy is not only synchronized with U.S. regulations in time, but also in the same way. It can be called a "mirror counterattack."
This wave operation can be said to be clean, no nonsense.
Because our country's counter-reaction, not only "tooth tooth", but also a signal to the international community: our country will not accept unfair treatment.
If you want to engage in unilateralism, then we also have ways to protect our rights and interests.
This tit-for-tat approach is not only reasonable and legal, but also fully conforms to international rules.
But the most interesting thing is that the U.S. policy has not yet been formally implemented, and its own problems come first.
Large retailers like Wal-Mart and Home Depot usually import large quantities of goods from our country, especially during critical sales seasons like Christmas. The stability of the supply chain is very important to them.
However, as soon as this policy of the United States came out, these enterprises had to readjust their transportation routes. As a result, many goods had to bypass Vietnam, South Korea and other places before being transferred to the United States.
To be honest, they wanted to avoid our ships and save the harbor costs.
The problem is that this diversion is not as simple as imagined.
First, the change of transportation routes caused the arrival of goods to the United States to be generally delayed by about nine days.
Don't underestimate the nine-day gap. The Christmas sales cycle is not long. Once the goods arrive late, you may miss the best sales opportunity directly.
Not to mention, this long-distance mode of transportation will also increase the cost significantly.
It can be said that U.S. policy has not yet begun to collect money, and domestic have already begun to lose.
This game actually reflects a deeper problem: the unilateralist policy of the United States is destroying the normal order of global trade.
As one of the greatest beneficiaries of globalization, the United States is fighting for itself as the center of the world economy and wants to suppress the development of other countries by all means.
But reality has proved that this practice will not only fail to really hit our country, but will put themselves in trouble.
Reference: Economic Observer Network-How to view China and the United States charging each other's ships for docking charges on October 14? General Administration of Customs responded
As a result, before the policy was implemented, Wal-Mart and Home Depot panicked and diverted to Vietnam and South Korea. The goods arrived nine days late, and all the Christmas goods were suspended.
Our country didn't say much nonsense, but replied directly: American ships will charge an additional $52 per ton, effective on the same day.
Recently, the Chinese and U.S. struggle in international trade has taken a new stage, this time from commodity tariffs to port service fees.
The ins and outs of the matter are clear, but the game behind it is more worth pondering.
Simply put, the United States wanted to charge high port charges on our ships, and as a result, without waiting for the policy to really land, our country gave them a beautiful counterattack in the same way.
This confrontation not only made the global shipping industry feel the tension between the two countries, but also made many American companies start headaches, even Christmas business suspended.
How did it start? As early as April, the United States spread rumors that it would impose additional port fees on Chinese ships.
This charging standard can be said to be quite exaggerated. It is said that the cost of each ship has suddenly increased by 5 million US dollars.
This kind of charge is not only not applied to ships from other countries, but is also specifically targeted at ships from our country, with a clear discriminatory connotation.
In their words, this is "to protect our country's shipping industry", but one can see at first glance that this is the transformation of our country's enterprises.
Originally, the United States planned to officially implement this charging policy on October 14th, but what people didn't expect was that China fought back faster than they thought.
Just days before the U.S. policy came into force, China's transportation department directly issued an announcement, saying that U.S. ships entering our ports would be charged a special port service fee, plus $52 per ton of goods.
This policy is not only synchronized with U.S. regulations in time, but also in the same way. It can be called a "mirror counterattack."
This wave operation can be said to be clean, no nonsense.
Because our country's counter-reaction, not only "tooth tooth", but also a signal to the international community: our country will not accept unfair treatment.
If you want to engage in unilateralism, then we also have ways to protect our rights and interests.
This tit-for-tat approach is not only reasonable and legal, but also fully conforms to international rules.
But the most interesting thing is that the U.S. policy has not yet been formally implemented, and its own problems come first.
Large retailers like Wal-Mart and Home Depot usually import large quantities of goods from our country, especially during critical sales seasons like Christmas. The stability of the supply chain is very important to them.
However, as soon as this policy of the United States came out, these enterprises had to readjust their transportation routes. As a result, many goods had to bypass Vietnam, South Korea and other places before being transferred to the United States.
To be honest, they wanted to avoid our ships and save the harbor costs.
The problem is that this diversion is not as simple as imagined.
First, the change of transportation routes caused the arrival of goods to the United States to be generally delayed by about nine days.
Don't underestimate the nine-day gap. The Christmas sales cycle is not long. Once the goods arrive late, you may miss the best sales opportunity directly.
Not to mention, this long-distance mode of transportation will also increase the cost significantly.
It can be said that U.S. policy has not yet begun to collect money, and domestic have already begun to lose.
This game actually reflects a deeper problem: the unilateralist policy of the United States is destroying the normal order of global trade.
As one of the greatest beneficiaries of globalization, the United States is fighting for itself as the center of the world economy and wants to suppress the development of other countries by all means.
But reality has proved that this practice will not only fail to really hit our country, but will put themselves in trouble.
Reference: Economic Observer Network-How to view China and the United States charging each other's ships for docking charges on October 14? General Administration of Customs responded