US & China Suspend Port Fees, Boost Trade Relations

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Recorded10 Nov 2025

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On November tenth, the US and China took a significant step towards easing trade tensions, suspending port fees on each others ships for a year and pausing ongoing investigations into maritime practices. This move follows a similar action by the Trump administration and reflects a broader effort to improve relations between Washington and Beijing. While shipping might not always grab headlines, its crucial for global trade, with most global trade relying on sea transport. However, experts remain cautious, noting the potential for future disruptions. The news was well-received in South Korea, where Hanwhas shares rose after Beijings announcement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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