Now the Chinese retaliation against USTR fees on Chinese affiliated ships in US ports has been announced:
This will affect also US owned and operated vessels, which is a lot more than just the few US-flagged vessels that call at Chinese ports.
In fact US interests owned and control the 4th largest fleet in the world by asset value, according to this table:
Source: Top 10 Shipowning Nations by Total Asset Value for 2024 - VesselsValue Blog
That will impact more than just US and China trade relation, if not solved quickly.
A lot of US owned ships are engaged in trade that does not involve US ports, but they do call at Chinese ports regularly.
Here is just the container trade by country:
The same, or similar, applies for bulk-, tank- and general cargo trade.
The Dragon is roaring back:
