Shipbuilding has been in steady decline in the United States, with the world's biggest economy falling far behind its main rival, China.
But a key proposal that some business groups oppose involves charging port entrance fees of up to $1.5 million for Chinese-built ships, among other remedies recently raised by the US Trade Representative's (USTR) office.
“Imports and exports would decline as a result of the higher costs of the fees, and/or the mandate to use more expensive US-built, US-operated ships,“ said a joint letter by two US retail associations to USTR Jamieson Greer.
Both groups had commissioned a study alongside 30 other organizations in different industries to examine the ramifications of the USTR's proposals, which also include export restrictions.
Retailers are also concerned that carriers may seek to avoid fees by cutting out smaller ports and overwhelming bigger ones, adding to congestion and other supply chain challenges.
Proposed fees could nearly double the cost to import certain items, the retailer added, according to the NRF and RILA.
Alliance for American Manufacturing president Scott Paul cited the need for “decisive action” to rebuild strategically significant sectors.
Union representatives who testified Monday made similar calls.
The China Association of the National Shipbuilding Industry expressed opposition against singling out China's shipping sector.
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