Multimodal 2018DocksolidTMS Awards 2016 winnersTelestackMULTIMODAL 2019Cleveland Cascades Ltd
  • Ovet
  • Bühler GmbH
  • TOC Events
  • Telestack
  • The Maritime Standards Awards 2018
  • Sailors Society

AAPA concerned over U.S. trade tariffs

AAPA concerned over U.S. trade tariffs

(Posted on 28/09/18)

With the U.S. government’s announcement last week on the imposition of an additional $200 billion in protective trade tariffs against Chinese imports, the American Association of Port Authorities (AAPA) – the unified and recognized voice of America’s seaports – continues to urge the Administration and federal policymakers to consider the negative impacts that tariffs have on port and other trade-related American jobs nationwide, including the effects of retaliatory responses. The new tariffs take effect on September 24, 2018 with the imposition of a 10 percent tariff which will increase to 25 percent by the end of the year.

“The impact of expanding Section 301 tariffs on cargo and equipment moving through American ports is already proving to be significant,” said AAPA President and CEO Kurt Nagle, who testified on Aug. 24 on behalf of the ports association during the U.S. Trade Representative’s Section 301 tariff hearings. “Including the additional $200 billion just imposed, the total Section 301 tariffs on Chinese commodities and China’s response in retaliation responses covers about 10 percent of all trade that moves through America’s ports by value, which is concerning. AAPA was pleased, however, to see that port cranes (tariff line 8426.19) were removed from the list, as we recommended at the recent hearings. Tariffs on these cranes, which cost upwards of $14 million each, would have harmed ports’ ability to make the investments necessary to handle the larger vessels now being used in ocean trade and hurt U.S. international competitiveness.”

“Because trade supports everyone, AAPA is encouraging federal policymakers to work swiftly to restore market certainties and forge paths to expand U.S. exports, rather than create new import restrictions,” he added.

At $4.6 trillion a year, the value of cargo activities at America’s seaports are significant drivers of the U.S. economy, supporting more than 23 million American jobs and generating over $320 billion in annual federal, state and local taxes. All but 1 percent of the nation’s overseas trade moves through its maritime facilities.

During the USTR’s Section 301 hearings in late August, AAPA urged that the multi-million-dollar container cranes that U.S. ports have on order and are considering purchasing from Chinese factories, for which there are no American-made alternatives, be exempt from tariffs.  USTR did remove tariff line 8426.19 from the final list so these large cranes are not subject to the newly announced tariffs.

Founded in 1912 and recognized as the unified voice of seaports in the Americas, AAPA today represents 140 of the leading seaport authorities in the United States, Canada, Latin America and the Caribbean and more than 250 sustaining and associate members, firms and individuals with an interest in seaports.

Latest News

BPH drones take flight

(Posted on 11/10/18)

BHP was an early adopter of drones across its mine sites. Now drones are taking flight at BHP’... Read more


thyssenkrupp awarded Thail mining contact

(Posted on 11/10/18)

thyssenkrupp Industrial Solutions, a leading partner for the engineering, construction and service of... Read more


Rio Tinto and Hancock Prospecting open new mine

(Posted on 11/10/18)

Rio Tinto and Hancock Prospecting have opened a new mine at Hope Downs in the Pilbara, Western Australia... Read more


Rio Tinto approves Pilbara iron ore investment

(Posted on 04/10/18)

Rio Tinto, together with joint venture partners Mitsui and Nippon Steel & Sumitomo Metal, have approved... Read more


DuPont Tate & Lyle’s new distribution centre

(Posted on 04/10/18)

DuPont Tate & Lyle Bio Products Company, LLC, a manufacturer of natural and renewably sourced ingredients... Read more


Bühler’s digital service for food and feed drying

(Posted on 28/09/18)

At Microsoft Ignite, Bühler has officially launches MoisturePro, a cloud-based digital service... Read more


Rio Tinto share buy-back details

(Posted on 20/09/18)

Rio Tinto has unveiled the details of how it intends to return approximately $3.2 billion of post-tax... Read more


US Steel shipments up 5.8% from July 2017

(Posted on 20/09/18)

The American Iron and Steel Institute (AISI) has reported that for the month of July 2018, U.S. steel... Read more


ArcelorMittal’s revised proposal for Essar Steel acquisition

(Posted on 14/09/18)

In response to media speculation, ArcelorMittal has confirmed that on 10 September 2018, it submitted... Read more


TPP boost to Australian jobs

(Posted on 14/09/18)

Australian workers, jobs and business will benefit significantly from the Trans-Pacific Partnership (... Read more


The Maritime Standards Awards 2018OvetBühler GmbHPort of StocktonStemmTBA - Software Solutions & Services for ports, terminals & warehouses
  • TBA - Software Solutions & Services for ports, terminals & warehouses
  • Docksolid
  • Stemm

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping