I posted earlier this week that Trump is preparing an order to punish China by charging fees on Chinese-built ships and cranes entering the U.S.
The scuttlebutt is that this is taking shape, with Trump to sign an Executive Order:
- US to impose fees on any vessel entering US ports that are part of a fleet which includes vessels built or flagged in China
- Trump will also demand that allies impose similar measures or risk US retaliation
This article was written by Eamonn Sheridan at www.forexlive.com.
