Core Insights - The new shipping fee policy implemented by the Trump administration is a strategic move aimed at targeting Chinese shipping companies, imposing fees of up to $140 per net ton for vessels built or operated in China docking at U.S. ports [1][2] - In response, Chinese shipping companies have adjusted their routes, diverting traffic from Los Angeles to ports in Mexico and Canada, resulting in a 22% cost saving despite a 36-hour increase in transit time [1][2] - The U.S. policy has led to immediate negative impacts on American ports, with a 41% year-on-year drop in container handling at Long Beach and a 60% reduction in dockworker overtime [3] Industry Adjustments - The global shipping industry is undergoing significant restructuring, with ports like Shenzhen's Yantian seeing a shift in cargo flow towards Europe and Southeast Asia, reflecting a 11.9% growth in Latin American routes for China COSCO Shipping [5][7] - New ports, such as the Chinese-invested deep-water port in Peru, are emerging as key nodes in global shipping, providing alternative routes that bypass the U.S. and save significant transit time [7] - Shipping costs are expected to rise, with HSBC estimating an additional $2 billion burden on COSCO and its subsidiaries due to the U.S. policy, which will likely be passed on to American consumers [9][10] Strategic Responses - The Chinese government has revised its international shipping regulations to allow for countermeasures against discriminatory practices, including special fees and restrictions on port access [2][3] - The potential for data access restrictions poses a significant threat to U.S. shipping companies, as the digitalization of the shipping industry relies heavily on data flow [3][10] - Global shipping alliances are adapting their operational strategies to mitigate the impact of U.S. fees, exploring alternative routes through Canada and Mexico [10][11]