One-Year Suspension of Section 301 Port Fees Eases Shipping Cost Pressures
Jiyeon Kim,
Shawn Arita,
Matthew Gammans and
Sandro Steinbach
No 391347, ARPC Brief from North Dakota State University
Abstract:
As part of the recent Deal on Economic and Trade Relations with China, the U.S. suspended its Section 301 port fees for one-year, effective November 10, 2025. This policy brief examines the potential impacts of the Section 301 port fees on U.S. agricultural exports, finding that the fees would have increased export costs by about $2.3 billion, or 5–7 cents per bushel for bulk commodities. While the suspension eases short-term cost pressures, uncertainty in U.S.–China trade relations and shipping markets remains.
Keywords: Agricultural and Food Policy; International Relations/Trade; Risk and Uncertainty; Supply Chain (search for similar items in EconPapers)
Date: 2025-11-24
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arpcbr:391347
DOI: 10.22004/ag.econ.391347
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