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By Rene Wagner and Maria Martinez
BERLIN, July 8 (Reuters) - Germany could benefit from planned U.S. port fees ‌on merchant ships built in China, with its ‌exports to the United States potentially rising by around 2% compared with a scenario without fees, according to a study by the German Institute for Economic Research (DIW) seen by Reuters on Wednesday.
The reason is that German freight fleets rely less on Chinese-built ‌vessels than those of ⁠some competitors, allowing German exporters to gain market share, the study found.
The U.S. government plans ⁠to introduce the fees from November in an effort to curb China's dominance in shipbuilding, citing national security concerns. The charges would be based on where a vessel was built, rather ‌than whose goods it carries.
DIW said the measures would primarily hurt the U.S. itself, estimating that U.S. imports and exports would fall by 0.2% and 0.3%, respectively.
3 months ago

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