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The Nexus
SECURITYJul 22 · 22:40 UTCSCMP CHINAHan Li

US Congress explores new tariffs, sanctions to counter China’s shipbuilding dominance

US Congress is considering tariffs, port fees, and sanctions to counter China’s dominance in the shipbuilding industry. Lawmakers from both parties view China’s commercial shipbuilding leadership as an economic and national security threat, though witnesses caution that penalties may not be sufficient.

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US Congress explores new tariffs, sanctions to counter China’s shipbuilding dominance · The Nexus