The Chinese government escalated its trade conflict with the U.S. today, initiating reciprocal port fees on U.S.-affiliated vessels in direct response to recent U.S. levies against Chinese shipping. In addition, the government sanctioned five U.S. companies and launched a new investigation, signaling that further punitive measures could follow.

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Chinese RegulationPortsSanctionsShipbuildingSection 301 InvestigationsShipping