Shipping has been bombarded with sweeping changes in Washington that, until a few days ago, had only an indirect impact on the industry.
Now, lieutenants of President Donald Trump are taking direct aim at shipping that is not registered under the US flag, with one official arguing that the industry should pay more to reduce taxes on Americans.
First, commerce secretary Howard Lutnick has proposed wide-ranging tax changes that would hit foreign-flag ships that call in America’s ports.
