How large are the additional taxes on ships from China cited in the video?

Name: Why Shipping Costs Are Rising Faster Than Ever #SupplyChain
Uploaded: 2025-03-05T15:00:07+00:00
Duration: 46 s
Channel: Tom Burton
Description: YouTube video (Tom Burton, uploaded March 5, 2025) discussing why shipping costs are rising rapidly. The speaker highlights multiple drivers: additional…

Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

Why Shipping Costs Are Rising Faster Than Ever #SupplyChain

5 Mar 2025 · 1 min

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0:46

YouTube video (Tom Burton, uploaded March 5, 2025) discussing why shipping costs are rising rapidly. The speaker highlights multiple drivers: additional taxes on ships (claimed up to $1.5 million per port for ships from China), tariffs, and rising fuel prices. The speaker uses West Coast U.S. multi-stop port calls (San Diego; Long Beach/Los Angeles; Oakland/Alameda; Seattle) as an example of how costs accumulate and notes uncertainty over how long tariffs will persist.

Questions this video answers

As much as $1.5 million per port.

Chapters

I think this is the big challenge, though, like the earlier article that was talking about additional taxes on ships coming from China of as much as 1.5 million per port. Right. And so you might have a ship coming in, and this is very common on the West Coast. Here you have a ship that stops in San Diego, stops in Long beach or la, stops in Oakland, Alameda and its way to Seattle. And so when you start seeing the added costs of those things, plus the tariffs. Right. And all of the other costs of shipping and so forth, based upon fuels and fuel prices rising, you know, we have at least a window over a few years not knowing how long tariffs are going to last and so forth, which is the wild card.