RTR Exclusive: US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say

© Engdao Wichitpunya

REUTERS reports:

U.S. President Joe Biden’s administration has concluded China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.

U.S. Trade Representative (USTR) Katherine Tai launched the probe in April 2024 at the request of the United Steelworkers and four other U.S. unions under Section 301 of the Trade Act of 1974, which allows the U.S. to penalize foreign countries that engage in acts ...