TOKYO -- The U.S. is close to formalizing a one-year suspension of port fees and other maritime policies that were intended to counter China's shipbuilding dominance, following through on a key part of the truce U.S. President Donald Trump and Chinese President Xi Jinping struck in South Korea about a week ago.
Trade war
US moves to finalize one-year freeze on maritime fees against China
Trade representative opens comment period ahead of suspension on Monday
A cargo ship full of containers sails off the Port of Oakland, California, in August. © Reuters
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