Trump’s shipbuilding plan could upend ocean cargo industry, companies warn

Written by Lisa Perlene

LOS Angeles (Reuters) – CEOs told Reuters that President Donald Trump’s plan to stimulate the American charging industry can surround the tremendous costs of ocean transport operators and generate a new round of chaos in the supply chain worldwide.

The Trump administration aims to pay the price of the return of US shipbuilding with the help of huge port fees that are likely to be on Chinese ships, as well as ships of fleets with Chinese ships, according to an executive project by Reuters on Thursday.

The fees can reach almost every ship calling for the United States ports, up to $ 30 billion in the annual costs of American consumers and double the cost of charging American exports, according to the WSC, which represents the lining of the shipping industry.

“Politics makers must reconsider these destructive proposals and search for alternative solutions that support American industries,” said Joe Karamek, WSC CEO.

While the declared goal of Trump’s plan is to revive the American shipbuilding industry and weaken global charging dominance in China, expectations from the industry executives show how Trump’s pro -US policies can sometimes lead to unintended consequences that contradict his declared goals.

Jeremy Nixon, CEO of Ocean Nitr (one), told the S& P Global TPM container at Long Beach, California, this week, that the plan is a “curved ball” that can be very harmful to ocean tankers and customers, said Jeremy Nixon, CEO of Ucean Nitters (one) at the container shipping conference in S & P Global in Long Beach, California, this week.

In the short term, ship owners can make fewer US ports calls to reduce fees. Executive officials said that a flood of additional goods can lead to an increase in these ports, which makes it difficult to obtain imports for retailers, manufacturers and exports on ships.

They said that Trump’s plan could press companies to re -spread global ships so that ships that have not been built in China are re -concentrated in the United States market – something that may cost time and money.

Surin Tof, CEO of the company TPM, said that MSC, the world’s largest container company, can skip smaller ports like Auckland Port in California – an important gateway to fresh beef exports, dairy products and almonds – to reduce the effect.

Executive managers have warned of repetition of backup in the field of early epidemic that stumbled on the country’s global trade flows and their smaller freezing, which risk the repetition of backup copies in the early epidemic that stumbled on global trade flows.

“It will be very difficult for us and our partners to absorb it simultaneously,” said Beth Rooney, director of the largest port in New York and Jersey.