The US is expected to suspend port fees for a year on China-linked vessels starting next week, as the two countries deescalate a maritime contest that had become a sticking point in the trade war.
From Nov. 10, the US will pause measures designed to combat China’s shipping dominance, the White House said in a fact sheet. Meanwhile, Beijing said it would suspend the countermeasures it imposed in retaliation.
The announcements follow the trade truce agreed last week between US President Donald Trump and Chinese leader Xi Jinping, which included detente on a swath of trade issues from semiconductors to ...
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