Explainer: Washington trades leverage for time

A two-month extension of the Section 301 suspension shows US shipbuilding policy becoming a bargaining chip, while Beijing keeps its own levers live. On 23 October, the US Trade Representative proposed extending the suspension of port fees on Chinese-owned, Chinese-operated and Chinese-built vessels until 9 January 2027. The pause has been in place since November […] The post Explainer: Washington…