Yes, US is not a good port fee target, but because of the port fees on Chinese made ships. Orders for new ships will move korea, japan or other places. So will have to to a counter port fee such as only Chinese made ships do not have fees or something like that.
US Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate.
Bessent added that negotiations haven’t started but that a deal is possible, according to people who attended his session at an event hosted by JPMorgan Chase & Co. in Washington, which wasn’t open to the public or media.
Bessent added that negotiations haven’t started but that a deal is possible,
"The talks are going great like you've never seen." - TrumpThe talks are going well - Dotard J Rump.
He did the same thing with Russia. Ceasefire talks are going well. Deal is coming soon. Then nothing ever came which got repeated for several weeks. Apparently, this is a business negotiation tactic to put pressure onto the other side in accepting the terms by public pressure or whatever.
For every $ port fees, China should sell $ US treasury from foreign reserves.
What does it feel like to be on the receiving end when someone confidently claims you’ve been calling them—when you know you haven’t?
It’s enough to make you question your own sanity.