U.S., China: China Sanctions South Korean Shipbuilder's U.S. Units as Port Fees Come Into Effect

China announced on Oct. 14 that it was sanctioning five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean and could announce further retaliatory measures over new U.S. Section 301 investigations into China's maritime sector. The same day, U.S. and Chinese port fees on each other's ships came into effect....