Trump Plans to Tax Foreign-Flagged Ships Calling at U.S. Ports -- Market Talk

Dow Jones

02-21

1026 GMT - New U.S. Secretary of Commerce Howard Lutnick said President Trump plans to impose taxes on foreign-flagged vessels calling at U.S. ports. "Have you ever seen a cruise ship with an American flag? They have flags of Liberia or Panama. None of them pay taxes. Every supertanker. This is going to end under Donald Trump," Lutnick told Fox News on Thursday. His comments hit shares of Carnival, Royal Caribbean, Norwegian and Viking, losing 5% on average, which that analysts described as a "massive overreaction". Ships are not governed by a single-country's tax regime as they operate in international waters and past moves by the U.S. and other countries to change the regulation have failed. (costas.paris@wsj.com)

(END) Dow Jones Newswires

February 21, 2025 05:27 ET (10:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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They have flags of Liberia or Panama. <a href=\"https://laohu8.com/S/ERO\">None</a> of them pay taxes. Every supertanker. This is going to end under Donald Trump,\" Lutnick told Fox News on Thursday. His comments hit shares of Carnival, Royal Caribbean, Norwegian and Viking, losing 5% on average, which that analysts described as a \"massive overreaction\". Ships are not governed by a single-country's tax regime as they operate in international waters and past moves by the U.S. and other countries to change the regulation have failed. 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They have flags of Liberia or Panama. <a href=\"https://laohu8.com/S/ERO\">None</a> of them pay taxes. Every supertanker. This is going to end under Donald Trump,\" Lutnick told Fox News on Thursday. His comments hit shares of Carnival, Royal Caribbean, Norwegian and Viking, losing 5% on average, which that analysts described as a \"massive overreaction\". Ships are not governed by a single-country's tax regime as they operate in international waters and past moves by the U.S. and other countries to change the regulation have failed. 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None of them pay taxes. Every supertanker. This is going to end under Donald Trump,\" Lutnick told Fox News on Thursday. His comments hit shares of Carnival, Royal Caribbean, Norwegian and Viking, losing 5% on average, which that analysts described as a \"massive overreaction\". Ships are not governed by a single-country's tax regime as they operate in international waters and past moves by the U.S. and other countries to change the regulation have failed. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RCL":"皇家加勒比邮轮","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","BK4588":"碎股","CUK":"嘉年华存托凭证","BK4566":"资本集团","CCL":"嘉年华邮轮","NCLH":"挪威邮轮","BK4517":"邮轮概念","BK4142":"酒店、度假村与豪华游轮"},"translate_title":"特朗普计划对停靠美国港口的悬挂外国国旗的船只征税——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCL":0.9,"CUK":0.9,"NCLH":0.9,"RCL":0.9},"content_text":"1026 GMT - New U.S. Secretary of Commerce Howard Lutnick said President Trump plans to impose taxes on foreign-flagged vessels calling at U.S. ports. \"Have you ever seen a cruise ship with an American flag? They have flags of Liberia or Panama. None of them pay taxes. Every supertanker. This is going to end under Donald Trump,\" Lutnick told Fox News on Thursday. His comments hit shares of Carnival, Royal Caribbean, Norwegian and Viking, losing 5% on average, which that analysts described as a \"massive overreaction\". Ships are not governed by a single-country's tax regime as they operate in international waters and past moves by the U.S. and other countries to change the regulation have failed. (costas.paris@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 21, 2025 05:27 ET (10:27 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}