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flag U.S. considers $1.5M fees on Chinese ships, alarming shipping industry and risking higher costs.

flag The U.S. is considering imposing fees of up to $1.5 million on Chinese ships docking in American ports to support U.S. shipbuilding. flag This move has alarmed the shipping industry, with Genco Shipping warning it may leave the U.S. market or pass costs to exporters, potentially harming U.S. agricultural exports like soybeans. flag Critics argue the fees will raise shipping costs and hurt U.S. businesses and consumers.

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