Why The Port of Savannah Has Been Smashing Trade, Revenue Records

President Trump said he would pause tariff escalations with China after meeting with that country’s president, Xi Jinping, at the G20 Summit. One Georgia industry tracking the ongoing talks is shipping. The Trump administration had threatened a 25% tariff on ship-to-shore cranes that come from China. The Georgia Ports Authority is ordering six new ones at a total cost of $70 million. Its executive director and Georgia’s U.S. senators are asking the White House to rethink taxing them. That's because the cranes are just one piece of a $2.5 billion expansion at the ports that's smashing trade and revenue records.