Oct. 10 (UPI) -- China said Friday it will start charging U.S. ships docking at its ports in a direct response to the Trump administration imposing the same fee on Chinese vessels entering U.S. shores.
The Chinese Ministry of Transportation announced beginning Tuesday it will charge about $56 per ton for American vessels entering China's ports in a reciprocal response to ship fees imposed by the United States of about the same at $50 per ship via China.
In addition, China stated it will match the United States by increasing fees over time through April 2028.
In the short term, however, this will "result in an increase in costs for U.S. consumers, a decrease in profits for shippers, and a small decline in demand for exports to the U.S. in certain category," according to Michael Hart, president of the American Chamber of Commerce in China.
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