US levies new 25% tariff on all container cranes made in China

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Included in the latest raft of tariffs announced this week by the US is that container cranes made in China – by ZPMC as well as European firms such as Konecranes – are to be subject to a 25% levy, according to World Cargo News, which noted that the increase would make non-Chinese cranes more cost-competitive.

It is something of an irony that one of the key pieces of equipment that makes global trade possible is now set to be subject ...