China brings shipping battle to U.S. capital markets with port fee retaliation

Beijing has matched Washington’s port fees with retaliatory charges targeting vessels with substantial American ownership, linking maritime policy to equity markets. The move may affect global firms with U.S. holdings, including Chinese-listed companies and those trading U.S. ADRs. Analysts warn this could disrupt freight routes and trade flows, while sending shockwaves in financial markets. Markets may reassess valuation risks linked to geopolitical and regulatory spillovers. Source: Reuters Breakingviews :contentReference[oaicite:0]{index=0}