If Chinese-built containership fines take effect, ‘we’re out of business in U.S.,’ ocean carrier says

Niche ocean carrier Atlantic Container Line is warning the fines the U.S. government is considering hitting Chinese-built freight vessels with would force it to leave the United States and throw the global supply chain out of balance, potentially fueling freight rates not seen since Covid. “This hits American exporters and importers worse than anybody else,” …

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