C
Originally published by Capital Businessbusiness
October 14, 2025
4h ago
US-China trade tensions simmer as port fees take effect

OCT 14 - New fees on US ships arriving in Chinese ports came into effect on Tuesday, as trade tensions between Washington and Beijing increase. The Kenya breaking news | Kenya news today |..
✨ Key Highlights
Trade tensions between the United States and China intensified on Tuesday as Beijing implemented new port fees on US vessels, retaliating against similar measures by Washington. This move comes amid a deepening trade dispute, with both nations imposing tariffs.
- The new Chinese fees apply to US-owned, operated, built, or flagged ships but exclude Chinese-built vessels.
- The US Treasury Secretary Scott Bessent said President Trump and China's President Xi Jinping are still expected to meet in South Korea in late October to de-escalate tensions.
- A Chinese Commerce Ministry spokesperson stated, "The US cannot demand talks while simultaneously imposing new restrictive measures with threats and intimidation."
Continue Reading
Read the complete article from Capital Business