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USTR Modifies Certain Aspects of Section 301 Ships Action and Proposes Further Modifications to the Action

USTR noticeTariff raisedPublished 25/10/10Open the original

Summary

USTR modifies parts of the April 17, 2025 action to restore American shipbuilding and proposes further changes. It changes the fee basis for foreign-built vehicle carriers, removes a provision on suspending LNG export licenses, and imposes 100% tariffs on certain ship-to-shore cranes and cargo handling equipment. Certain service fees may be deferred through December 10, 2025.

By industry

Day by day after the announcement

Shipbuilding & MASGA stocks and the S&P 500 after the announcement, cumulative %
Shipbuilding & MASGA stocks and the S&P 500 after the announcement, cumulative %
DayShipbuilding & MASGA stocksS&P 500
25/10/090.0%0.0%
25/10/10−2.9%−3.3%
25/10/13−1.6%−1.2%
25/10/14−0.1%−1.3%
25/10/15−1.0%−0.8%
25/10/16−2.0%−1.6%
25/10/17−2.4%−0.9%
25/10/20−0.7%+0.1%
25/10/21−0.3%+0.1%
25/10/22−1.7%−0.5%
25/10/23−0.8%+0.1%
25/10/24+0.3%+0.9%
25/10/27+0.5%+2.2%
25/10/28+0.2%+2.4%
25/10/29+1.8%+2.3%
25/10/30+1.7%+2.0%
25/10/31+2.2%+1.6%
25/11/03+2.4%+1.7%
25/11/04+0.8%+0.6%
25/11/05+1.4%+1.1%
25/11/06−1.9%+0.1%

Korean stocks in these industries

  • Hanwha Ocean 042660
  • HD Hyundai Heavy Industries 329180
  • HD Korea Shipbuilding & Offshore Engineering 009540
  • Samsung Heavy Industries 010140
  • Hyundai Steel 004020
  • POSCO Holdings 005490
  • SeAH Steel Holdings 003030
  • Korea Gas Corporation 036460
  • POSCO International 047050
  • SK Innovation 096770

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

  • Hanwha Aerospace

    BuyNextDecade

    $3.9M

    Filed 25/09/25

  • Hanwha Aerospace

    BuyNextDecade

    $3.2M

    Filed 25/09/25

  • Matthew K. Schatzman

    BuyNextDecade

    $2M

    Filed 25/09/15

  • Richard D. Kinder

    BuyKinder Morgan

    $26M

    Filed 25/10/28

  • William C. Vrattos

    BuyNextDecade

    $3.7M

    Filed 25/09/16

  • $2.5M

    Filed 25/09/18

  • William C. Vrattos

    BuyNextDecade

    $686K

    Filed 25/09/19

  • Edward Andrew Scoggins Jr.

    BuyNextDecade

    $96.9K

    Filed 25/09/19

  • W. Benjamin Moreland

    BuyCheniere Energy

    $811.4K

    Filed 25/11/05

  • W. Benjamin Moreland

    BuyCheniere Energy

    $229.6K

    Filed 25/11/05

  • Brendan E. Krueger

    BuyAntero Resources

    $166.8K

    Filed 25/11/10

  • Brendan E. Krueger

    BuyAntero Resources

    $166.8K

    Filed 25/11/10

  • Amy W. Chronis

    BuyKinder Morgan

    $99.7K

    Filed 25/11/03

  • John R. McPherson

    BuyCommercial Metals

    $99.5K

    Filed 25/10/21

  • Phillip Michael Hardesty

    BuySunCoke Energy

    $60.9K

    Filed 25/11/12

  • Ralph M. Della Ratta Jr.

    BuySunCoke Energy

    $50K

    Filed 25/11/07

  • Neil G. Mitchill Jr.

    SellRTX

    $873.5K

    Filed 25/10/28

  • Christopher T. Calio

    SellRTX

    $858.3K

    Filed 25/10/29

  • Phillip Michael Hardesty

    BuySunCoke Energy

    $13.5K

    Filed 25/11/12

  • Amy W. Chronis

    BuyKinder Morgan

    $12.8K

    Filed 25/11/03

USTR Modifies Certain Aspects of Section 301 Ships Action and Proposes Further Modifications to the Action | Whalegun