Trump's massive shipping fees threaten US trade

Los Angeles | President Donald Trump's plan to revive US shipbuilding by placing massive fees on China-linked ships that visit American ports is causing US coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad. Trump is drafting an executive order that would rely on funding from a US Trade Representative proposal to levy fines of up to $US1.5 million ($2.3 million) on China-made ships or vessels from fleets that also include ships made in China. Loading… Reuters