US and China escalate maritime tensions with new sanctions and port fees
TL;DR
China has imposed sanctions on five US subsidiaries of South Korean shipbuilder Hanwha Ocean, accusing them of aiding US efforts against China in global shipbuilding, amid escalating trade tensions between China and the US.
- China slaps sanctions on Korean shipbuilder accused of helping US Financial Times
- China targets five U.S. subsidiaries of South Korea's Hanwha Ocean, sending shares down 8% CNBC
- U.S. Starts Charging Chinese Ships to Dock at Its Ports The New York Times
- US, China roll out tit-for-tat port fees, threatening more turmoil at sea Reuters
- The US and China are about to launch the next front in their trade war Politico
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