Isnt wat USA doing against WTO

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Isnt wat USA doing against WTO rules ? Or they don care ?

Yangzijiang Plunges 9% After US Proposes Port Fees on Chinese-Made Vessels

Shares of mainboard-listed $YZJ Shipbldg SGD(BS6.SI)$ tumbled for a second straight day after the United States Trade Representative’s (USTR) office proposed imposing a fee on Chinese-built vessels e

Yangzijiang Plunges 9% After US Proposes Port Fees on Chinese-Made Vessels

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Or they don care ?","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/407277622104400","repostId":1101713670,"repostType":4,"repost":{"id":"1101713670","kind":"news","pubTimestamp":1740447675,"share":"https://ttm.financial/m/news/1101713670?lang=en_US&edition=fundamental","pubTime":"2025-02-25 09:41","market":"sg","language":"en","title":"Yangzijiang Plunges 9% After US Proposes Port Fees on Chinese-Made Vessels","url":"https://stock-news.laohu8.com/highlight/detail?id=1101713670","media":"The Strait Times","summary":"Shares of mainboard-listed  $YZJ Shipbldg SGD(BS6.SI)$ tumbled for a second straight day after the United States Trade Representative’s (USTR) office proposed imposing a fee on Chinese-built vessels e","content":"<div>\n<p>Shares of mainboard-listed  YZJ Shipbldg SGD tumbled for a second straight day after the United States Trade Representative’s (USTR) office proposed imposing a fee on Chinese-built vessels entering US...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/spore-listed-yangzijiang-shipbuilding-shares-tumble-after-us-proposes-port-fees-for-chinese-built\">Source Link</a>\n\n</div>\n","source":"lsy1601382813636","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYangzijiang Plunges 9% After US Proposes Port Fees on Chinese-Made Vessels\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-25 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.straitstimes.com/business/companies-markets/spore-listed-yangzijiang-shipbuilding-shares-tumble-after-us-proposes-port-fees-for-chinese-built><strong>The Strait Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of mainboard-listed  YZJ Shipbldg SGD tumbled for a second straight day after the United States Trade Representative’s (USTR) office proposed imposing a fee on Chinese-built vessels entering US...</p>\n\n<a href=\"https://www.straitstimes.com/business/companies-markets/spore-listed-yangzijiang-shipbuilding-shares-tumble-after-us-proposes-port-fees-for-chinese-built\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BS6.SI":"扬子江船业"},"source_url":"https://www.straitstimes.com/business/companies-markets/spore-listed-yangzijiang-shipbuilding-shares-tumble-after-us-proposes-port-fees-for-chinese-built","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101713670","content_text":"Shares of mainboard-listed  YZJ Shipbldg SGD tumbled for a second straight day after the United States Trade Representative’s (USTR) office proposed imposing a fee on Chinese-built vessels entering US ports.The stock fell 5 per cent, or 15 cents, to $2.84 as at 9.20am on Feb 25. This is after the counter slid 7.1 per cent to close at $2.99 on Feb 24.The USTR in a notice published last Friday (Feb 21) laid out its proposed fees and other shipping restrictions on Chinese vessels.These include port entrance fees of up to US$1 million (S$1.34 million) per vessel owned by Chinese maritime transport operators, or a US$1,000 charge per net tonne on the vessel’s cargo capacity.Non-Chinese maritime transport operators operating Chinese-built vessels would pay up to US$1.5 million per port entry, while those with more than 50 per cent Chinese-built ships in their fleet would pay US$1 million per entry regardless of origin.The fee drops to US$750,000 for fleets with 25 to 50 per cent Chinese-built vessels, and US$500,000 for fleets with less than 25 per cent.Other proposals include mandating that a portion of US exports to be shipped on US flagged vessels, or America-built ships.The proposals come amid a US probe into China’s shipping dominance over the past two decades. A January report by the USTR said that China’s share of global shipbuilding tonnage surged to over 50 per cent in 2023, from 5 per cent in 1999.In contrast, US shipyards built 70 ships in 1975, but now produce just five per year.On Feb 24, Yangzijiang Shipbuilding’s listed investment subsidiary - Yangzijiang Financial - posted strong earnings for the second half ended Dec 31, 2024, registering a net profit of $197.3 million, an increase of about four times from $39.3 million a year ago. Yangzijiang Shipbuilding is expected to report its fourth quarter earnings for the 2024 financial year by Feb 28.Yangzijiang Shipbuilding’s share price at 10 am, Feb 25th.","news_type":1,"symbols_score_info":{"BS6.SI":1.1}},"isVote":1,"tweetType":1,"viewCount":865,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":45,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}