US announces tariff on STS cranes
NewsA 25% tariff will apply to all STS cranes “from China”, including cranes produced by Konecranes, impacting US ports and terminal operators.
Crane manufacturers are increasing capacity in response to strong demand, but diversified facilities are important in a market that may have peaked. Forecasting demand for quayside container cranes is a difficult job as projects have long lead times and port capacity is not added in a linear fashion, making macroindustry figures an unreliable guide.
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