{"id":85921,"date":"2025-04-28T00:00:00","date_gmt":"2025-04-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/04\/28\/trade-policy-updates-from-the-us-chinese-companies-see-shares-surge-amid-trade-war\/"},"modified":"2025-04-28T00:00:00","modified_gmt":"2025-04-28T00:00:00","slug":"trade-policy-updates-from-the-us-chinese-companies-see-shares-surge-amid-trade-war","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/04\/28\/trade-policy-updates-from-the-us-chinese-companies-see-shares-surge-amid-trade-war\/","title":{"rendered":"Trade policy updates from the US + Chinese companies see shares surge amid trade war"},"content":{"rendered":"

The US Trade Representative (USTR) proposed last week a 100% tariff on Chinese <\/strong>ship-to-shore cranes, containers, and other parts<\/strong>, Bloomberg<\/a> reported last week. However, US industry players are warning against the move, with Port of Los Angeles Executive Director Gene Seroka telling Bloomberg that localizing the industry in the US could take at least 10 years since the country currently has no domestic crane manufacturers. There is a dearth of alternatives to China-made cranes, the replacement of which would need investment in aluminum and steel, whose prices are set to rise after recently imposed 25% tariffs<\/a>.<\/p>\n

ALSO- We have another trade probe from the US:<\/strong> Trump\u2019s administration has launched a trade probe into the imports of medium and heavy-duty trucks weighing over 10k pounds, their parts, and derivatives, according to a US Federal Register announcement (pdf)<\/a> last week. The investigation \u2014 launched on 22 April \u2014 will evaluate national security risks associated with the US\u2019 dependency on truck imports, with a focus on assessing domestic producers\u2019 ability to meet US demand and whether specific foreign countries could \u201cweaponize their control over supplies of trucks\u201d and their parts. It will also look into the impact of foreign government subsidies and \u201cpredatory trade practices\u201d on the US truck-making industry. (Reuters<\/a>, NBC<\/a>, CNN<\/a>, Asharq Business<\/a>) <\/p>\n

MEANWHILE- <\/strong>U<\/strong>S <\/strong>states sue<\/strong> Trump admin over tariff policy: <\/strong>A total of 12 US states have filed a lawsuit to block US President Donald Trump\u2019s tax hikes through tariffs<\/a>, arguing that the tariffs are illegal under the International Emergency Economic Powers Act (IEEPA) and that Trump lacks the authority to impose the levies, CNN<\/a> reported on Thursday. The lawsuit is the latest in a string of legal action against Trump\u2019s tariff policy, which included a lawsuit by California<\/a> and another one filed by a group of five small US firms<\/a>.<\/p>\n

\n

\n

Chinese<\/strong> companies see shares jump amid trade war:<\/strong> Several Chinese firms involved in cross-border trade \u2014 especially logistics companies \u2014 saw a boost in their shares after the Chinese government issued a notice upgrading its pilot freetrade program to combat the impact of US tariffs, Bloomberg<\/a> reported last week, citing Bloomberg Intelligence analyst Marvin Chen. China\u2019s pilot freetrade program calls for optimizing China\u2019s freetrade zone activities by increasing support for digital trade.<\/p>\n

Who benefited?<\/strong> Warehousing and storage company CTS International Logistics Corp. saw its shares rise last week by the 10% daily limit in Shanghai, Bloomberg writes. China Master Logistics Co\u2019s shares also increased by 8.6%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stories on our radar this morning from around the 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