Notice of Proposed Modification of Action in Section 301 Investigation of China's Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance
USTR noticeInvestigation openedFederal Register 25/06/12Open the original
Summary
USTR requests comments on proposed modifications to Section 301 actions over China's targeting of the maritime, logistics, and shipbuilding sectors. The notice would remove a provision that could suspend LNG export licenses, change the fee basis to net tons, and adjust coverage for Maritime Security Program vessels. Comments are due by July 7, 2025.
By industry
- Shipbuilding & MASGA1 trading day+0.6%p15 stocks5 trading days+1.7%p15 stocks20 trading days+3.8%p15 stocks
“China's Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance”
- Energy & LNG1 trading day+0.6%p15 stocks5 trading days+3.5%p15 stocks20 trading days−0.9%p15 stocks
“suspension of LNG export licenses until the terms of paragraph (f) of this Annex are met”
- Tariffs & Reshoring1 trading day−0.3%p15 stocks5 trading days+0.5%p15 stocks20 trading days+10.2%p15 stocks
“Notice of Proposed Modification of Action in Section 301 Investigation”
Day by day after the announcement
| Day | Shipbuilding & MASGA stocks | S&P 500 |
|---|---|---|
| 25/06/11 | 0.0% | 0.0% |
| 25/06/12 | +0.9% | +0.3% |
| 25/06/13 | +2.0% | −0.8% |
| 25/06/16 | +0.8% | +0.2% |
| 25/06/17 | +1.9% | −0.7% |
| 25/06/18 | +1.1% | −0.6% |
| 25/06/20 | +1.1% | −1.1% |
| 25/06/23 | +2.2% | +0.3% |
| 25/06/24 | +1.5% | +0.9% |
| 25/06/25 | +1.6% | +0.9% |
| 25/06/26 | +3.4% | +1.8% |
| 25/06/27 | +3.8% | +2.2% |
| 25/06/30 | +4.5% | +2.7% |
| 25/07/01 | +4.7% | +2.7% |
| 25/07/02 | +5.8% | +3.2% |
| 25/07/03 | +6.6% | +4.0% |
| 25/07/07 | +6.7% | +3.0% |
| 25/07/08 | +6.0% | +3.2% |
| 25/07/09 | +6.5% | +3.7% |
| 25/07/10 | +7.1% | +4.0% |
| 25/07/11 | +7.4% | +3.6% |
Korean stocks in these industries
- Hanwha Ocean 042660
- HD Hyundai Heavy Industries 329180
- HD Korea Shipbuilding & Offshore Engineering 009540
- Samsung Heavy Industries 010140
- Korea Gas Corporation 036460
- POSCO International 047050
- SK Innovation 096770
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Bradley D. Tilden
BuyMatson
BuyMatson
MATX
$307.6K
2,752 sh
$307.6K
Filed 25/05/29
Traded 25/05/29
- Phebe N. Novakovic
SellGeneral Dynamics
SellGeneral Dynamics
GD
$50.3M
177,611 sh
$50.3M
Filed 25/06/17
Traded 25/06/13
- Christopher E. Kubasik
SellL3HARRIS Technologies
SellL3HARRIS Technologies
LHX
$8.2M
33,061 sh
$8.2M
Filed 25/06/13
Traded 25/06/12
- Robert B. Pender
BuyVenture Global
BuyVenture Global
VG
$19.6K
1,226 sh
$19.6K
Filed 25/07/02
Traded 25/06/30
- John Boozman
BuyRTX
BuyRTX
RTX
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/30
- W. Howard Keenan Jr.
SellAntero Resources
SellAntero Resources
AR
$23.7M
583,189 sh
$23.7M
Filed 25/05/15
Traded 25/05/13
- Dantaya M. Williams
SellRTX
SellRTX
RTX
$2.3M
16,922 sh
$2.3M
Filed 25/06/05
Traded 25/06/03
- W. Howard Keenan Jr.
SellAntero Resources
SellAntero Resources
AR
$19.7M
478,798 sh
$19.7M
Filed 25/05/15
Traded 25/05/13
- Dennis Degner
SellRange Resources
SellRange Resources
RRC
$1.4M
35,850 sh
$1.4M
Filed 25/05/15
Traded 25/05/14
- Phebe N. Novakovic
SellGeneral Dynamics
SellGeneral Dynamics
GD
$1.4M
4,904 sh
$1.4M
Filed 25/06/17
Traded 25/06/16
- Gregory S. Gallopoulos
SellGeneral Dynamics
SellGeneral Dynamics
GD
$8.7M
30,509 sh
$8.7M
Filed 25/06/17
Traded 25/06/13
- Phebe N. Novakovic
SellGeneral Dynamics
SellGeneral Dynamics
GD
$769K
2,735 sh
$769K
Filed 25/06/17
Traded 25/06/16
- Christopher E. Kubasik
SellL3HARRIS Technologies
SellL3HARRIS Technologies
LHX
$546.4K
2,212 sh
$546.4K
Filed 25/06/13
Traded 25/06/11
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$4.1M
50,000 sh
$4.1M
Filed 25/06/05
Traded 25/06/03
- Kathy J. Warden
Sell10b5-1 planNorthrop Grumman
Sell10b5-1 planNorthrop Grumman
NOC
$3.8M
7,500 sh
$3.8M
Filed 25/06/13
Traded 25/06/13
- Phebe N. Novakovic
SellGeneral Dynamics
SellGeneral Dynamics
GD
$343.7K
1,210 sh
$343.7K
Filed 25/06/17
Traded 25/06/13
- Robert S. Wetherbee
Sell10b5-1 planAti
Sell10b5-1 planAti
ATI
$3.4M
45,359 sh
$3.4M
Filed 25/05/22
Traded 25/05/20
- John Boozman
Partial saleGeneral Dynamics
Partial saleGeneral Dynamics
GD
$1K–$15K
Joint
$1K–$15K
Reported 25/06/14
Traded 25/05/20
- Daniel P. McGahn
Sell10b5-1 planAmerican Superconductor
Sell10b5-1 planAmerican Superconductor
AMSC
$2.6M
98,149 sh
$2.6M
Filed 25/05/29
Traded 25/05/27
- Gregory S. Gallopoulos
SellGeneral Dynamics
SellGeneral Dynamics
GD
$2.3M
8,109 sh
$2.3M
Filed 25/06/17
Traded 25/06/13