President Biden wants American ports to stop buying Chinese ship-to-shore cranes and to start buying American ones. There’s just one problem: No one in the United States makes the giant cargo-handling gear.
The president has proposed a 25 percent tariff on Chinese models to encourage the emergence of a domestic alternative, which could take years. In the meantime, the nation’s ports complain they will be stuck paying extra for Chinese cranes they ordered before the tariff announcement. European alternatives exist, but cost much more, even after the tariffs are included in the Chinese price.
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