On October 14, the U.S. container ship "Manukee" in Ningbo port, after completing the unloading, received a payment notice: the amount of up to $ 6,27943, about RMB 4,47 million.
This is the first special port fee after the entry into force of the new regulations of the Ministry of Transportation of China, and also marks the official entry into the substantive phase of the Chinese-American port fee game.
According to the new regulations, starting from October 14, all five categories of objects, including US-funded ships and US-built ships, will be required to pay special port fees, with a standard of 400 yuan per net ton.
Based on the net tonnage of 11,149 tons, the cost of the "Manukee" amounted to 44.7 million yuan.
The Mason Waikiki, another cargo ship owned by the Mason Ship, faces a recovery order of US$1.7 million due to its net tonnage of 30424 tons.
This policy will be further increased in April next year, raising the tariff standard to 640 yuan per ton, and to 1120 yuan per ton by 2028.
This provision is considered as China's countermeasure against the "301 investigation" of the United States.
In April, the U.S. Trade Representative’s Office launched a “301 Inquiry” and announced a port service fee for all Chinese ships entering the United States.
The original intention of the Trump administration is to force the shipbuilding industry chain to return to the United States through high tariffs and fees.
However, China's counter-measures have shown higher strategy-not only lenient to Chinese-built ships, but also waiving fees for ships that come to China for repair empty.
This regular gradual overweight method accurately transmits pressure to the core lifeline of the U.S. shipping industry.
Following the implementation of the new rules, the global shipping industry has rapidly adjusted.
In order to circumvent the new rules, some shipping companies had to take the "lift race" model, discharging goods first to South Korea, and then transferring them to China through subsidiary ships.
While this strategy reduces direct costs, it increases transportation costs and time, potentially having a profound impact on global supply chain efficiency.
China-US port fee game is not only the continuation of the trade war between the two countries, but also profoundly affects the global shipping pattern.
Data shows that the import and export trade volume between China and the United States accounts for an important proportion of the total global trade volume, and Sino-US routes also play a decisive role in the global shipping market.
China's special port fee policy may force some U.S. shipping companies to reassess their layout in the Asian market or even withdraw from the China market.
From an economic perspective, China’s countermeasures not only increase the cost of U.S. shipping companies, but could also impact the efficiency of the U.S. economy.
The Trump administration’s “simple and rough” trade strategy seeks to protect domestic industries but ignores the complexity of the globalized economy.
Through regulatory countermeasures, China has precisely transferred pressure to the core areas of the U.S. shipping industry.
Additionally, adjustments to shipping lines may result in increased environmental costs.
Surrounding South Korea and other locations means extending the distance, rising fuel consumption, and further aggravating global carbon emissions.
Meanwhile, East Asian countries such as South Korea may benefit from this, receiving more cargo volumes and port economic dividends.
Changes in the regional economy may become another important result of this game.
This port war is, on the surface, an economic policy clash, and in fact, a continuation of the Sino-U.S. trade war.
The first port fee is just the beginning, and the cost of future U.S.-funded ships to China will increase further.
China has demonstrated its wisdom in the game through a regular and gradual approach, and the Trump administration's "self-destruction" behavior may eventually backfire to its own economy.
The subsequent development of the Chinese-American game will have a profound impact on the global economic landscape.Let’s see who will eventually win this game.