US not prepared to win economic war against China-built containerships


Source: cnbc.com cnbc.com

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SUZHOU, CHINA - MARCH 18: 'ONE FOREVER' container ship, with a length of 366 meters and width of 51 meters, is assisted by tugboats as it prepares to leave a dockyard of Jiangsu Yangzi-Mitsui Shipbuilding Co., Ltd. on March 18, 2024 in Suzhou, Jiangsu Province of China. Vcg | Visual China Group | Getty Images Business interests, from U.S. farmers to global ocean carriers, are warning of severe economic damage from proposals being considered by the U.S. government to hit containerships made in China with steep fines when they call on U.S. ports. The goal of bringing more shipbuilding back...