USTR Seeks Public Comment on Proposed Actions in Section 301 Investigation of China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance
USTR noticePublished 25/02/21Open the original
Summary
USTR seeks comments on proposed Section 301 actions that would impose fees and restrictions on maritime transport services related to Chinese ship operators and Chinese-built ships. A hearing is set for March 24, 2025, the same day comments are due.
By industry
- Shipbuilding & MASGA1 trading day−1.1%p15 stocks5 trading days+2.1%p15 stocks20 trading days+7.8%p15 stocks
“USTR proposes to impose certain fees and restrictions on international maritime transport services related to Chinese ship operators and Chinese-built ships”
Day by day after the announcement
| Day | Shipbuilding & MASGA stocks | S&P 500 |
|---|---|---|
| 25/02/20 | 0.0% | 0.0% |
| 25/02/21 | −2.7% | −1.6% |
| 25/02/24 | −3.1% | −2.1% |
| 25/02/25 | −2.2% | −2.4% |
| 25/02/26 | −1.7% | −2.4% |
| 25/02/27 | −1.9% | −4.0% |
| 25/02/28 | −0.9% | −2.7% |
| 25/03/03 | −2.5% | −4.1% |
| 25/03/04 | −4.0% | −4.8% |
| 25/03/05 | −1.4% | −4.5% |
| 25/03/06 | −2.5% | −5.9% |
| 25/03/07 | −0.6% | −5.7% |
| 25/03/10 | −1.9% | −8.6% |
| 25/03/11 | −2.2% | −8.7% |
| 25/03/12 | −2.8% | −8.4% |
| 25/03/13 | −2.5% | −9.2% |
| 25/03/14 | −1.3% | −7.9% |
| 25/03/17 | +0.4% | −7.1% |
| 25/03/18 | +0.1% | −8.1% |
| 25/03/19 | +1.4% | −6.9% |
| 25/03/20 | +0.5% | −7.3% |
Korean stocks in these industries
- Hanwha Ocean 042660
- HD Hyundai Heavy Industries 329180
- HD Korea Shipbuilding & Offshore Engineering 009540
- Samsung Heavy Industries 010140
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Thomas C. Schievelbein
BuyHuntington Ingalls Industries
BuyHuntington Ingalls Industries
HII
$349.4K
2,120 sh
$349.4K
Filed 25/02/14
Traded 25/02/13
- Gregory Hayes
SellRTX
SellRTX
RTX
$7.3M
58,368 sh
$7.3M
Filed 25/02/19
Traded 25/02/19
- John K. Welch
BuyHuntington Ingalls Industries
BuyHuntington Ingalls Industries
HII
$174.9K
1,000 sh
$174.9K
Filed 25/02/27
Traded 25/02/26
- Gregory Hayes
SellRTX
SellRTX
RTX
$5.4M
43,300 sh
$5.4M
Filed 25/02/19
Traded 25/02/19
- Christopher T. Calio
SellRTX
SellRTX
RTX
$3.6M
27,379 sh
$3.6M
Filed 25/03/03
Traded 25/02/27
- Tim Walberg
BuyLockheed Martin
BuyLockheed Martin
LMT
$1K–$15K
Joint
$1K–$15K
Reported 06/03
Traded 25/02/07
- Kirkland H. Donald
BuyHuntington Ingalls Industries
BuyHuntington Ingalls Industries
HII
$99.8K
575 sh
$99.8K
Filed 25/02/28
Traded 25/02/27
- Neil G. Mitchill Jr.
SellRTX
SellRTX
RTX
$2.1M
16,118 sh
$2.1M
Filed 25/03/03
Traded 25/02/27
- Tim Walberg
BuyL3HARRIS Technologies
BuyL3HARRIS Technologies
LHX
$15K–$50K
Joint
$15K–$50K
Reported 06/03
Traded 25/02/07
- Phebe N. Novakovic
SellGeneral Dynamics
SellGeneral Dynamics
GD
$8.6M
32,695 sh
$8.6M
Filed 25/03/06
Traded 25/03/05
- Rex D. Geveden
SellBWX Technologies
SellBWX Technologies
BWXT
$3.2M
29,882 sh
$3.2M
Filed 25/02/28
Traded 25/02/26
- Lynn M. Bamford
SellCurtiss Wright
SellCurtiss Wright
CW
$2.9M
8,289 sh
$2.9M
Filed 25/02/05
Traded 25/02/05
- Stephanie C. Hill
SellLockheed Martin
SellLockheed Martin
LMT
$2.1M
4,791 sh
$2.1M
Filed 25/02/28
Traded 25/02/26
- Shane G. Eddy
SellRTX
SellRTX
RTX
$2M
15,700 sh
$2M
Filed 25/02/19
Traded 25/02/18
- Dantaya M. Williams
SellRTX
SellRTX
RTX
$1.8M
14,031 sh
$1.8M
Filed 25/02/06
Traded 25/02/05
- Kathy J. Warden
SellNorthrop Grumman
SellNorthrop Grumman
NOC
$1.8M
3,750 sh
$1.8M
Filed 25/03/06
Traded 25/03/06
- Rex D. Geveden
SellBWX Technologies
SellBWX Technologies
BWXT
$1.7M
15,743 sh
$1.7M
Filed 25/02/28
Traded 25/02/26
- Robert M. Lightfoot Jr.
SellLockheed Martin
SellLockheed Martin
LMT
$1.4M
3,213 sh
$1.4M
Filed 25/02/28
Traded 25/02/26
- Ramsaran Maharajh
SellRTX
SellRTX
RTX
$1.3M
10,000 sh
$1.3M
Filed 25/02/27
Traded 25/02/25
- Ramsaran Maharajh
SellRTX
SellRTX
RTX
$1.2M
9,431 sh
$1.2M
Filed 25/02/27
Traded 25/02/25