USTR exempts STS crane orders arriving by May, 2026 from 25% tariff
NewsUnder new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.
By the end of 2003 Shanghai had become the world’s third largest container port. The increase in traffic (≥50 per cent in past two years) has far outstripped the ability of the port to commission new facilities (14 per cent increase in wharf length in same period).
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