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USTR Notice of Action and Proposed Action implementing fees on US port calls | NorthStandard | Marine Insurance |
submit Will US or China Win Economic and Geopolitical Race?
Fact #uschinarivalry #sp500
Trump's art of deal: cards created from thin air in #USChinaRivalry, USTR announced fee on China-made ships in April 2025 to be implemented on 10/14/2025. China retaliated on 10/9/2025 with a number of measures including fees on US ships stopping in China ports and tighter control of rare earth related exports. China's retaliation measures triggered Trump's threatening, on 10/10, of imposing additional 100% tariff on China-made goods imported to US, which triggered US #SP500 crashing almost 3% on 10/10/2025.
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