It's on us. Share your news here.

U.S. Widens China Trade Fight to Shipbuilding Which It Lost Decades Ago

Posted on May 8, 2024

The U.S. last month began an investigation of China’s dominant shipbuilding industry, in a move signaling increasing pressure on China that extends beyond technology and into the manufacturing sector.

Following a petition from five labor unions, Katherine Tai, the U.S. trade representative (USTR), announced on April 17 the so-called 301 probe into China’s practices in maritime equipment, logistics and shipbuilding. A public hearing is set for May 29. This marks the first industry-specific investigation by the Biden administration under Section 301 of the U.S. Trade Act of 1974 — a tool that allows the government to enforce trade agreements and impose sanctions on nations violating norms of international commerce.

It's on us. Share your news here.
Submit Your News Today

Join Our
Newsletter
Click to Subscribe