The American Association of Port Authorities (AAPA) has warned the Office of the US Trade Representative (USTR) about the consequences of expanded tariffs on ship-to-shore (STS) cranes.
At a cost of up to US$14m per crane, an additional 25% tariff would significantly increase the cost of each crane and reduce the ability of ports to make other needed infrastructure investments to improve the supply chain, said AAPA president and CEO Kurt Nagle.
STS cranes and other tariff codes that include port equipment are back on the newest proposed list of tariffs which will affect imports from China into the US.
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