![Qingdao Port, China [Photo: AFP/Yonhap]](https://image.ajunews.com/content/image/2025/11/10/20251110142753643627.jpg)
The ministry said it decided to halt retaliatory measures against the shipbuilder's five U.S. subsidiaries, after the U.S. suspended its so-called Section 301 measures, which include punitive tariffs on Chinese maritime logistics and other goods.
Earlier last month, China imposed sanctions on them to prohibit them from engaging in transactions with Chinese entities, citing their cooperation with the U.S.
The affected subsidiaries were Hanwha Philly Shipyard, Hanwha Shipping, Hanwha Ocean USA International, Hanwha Shipping Holdings, and HS USA Holdings.
The suspension, which temporarily lifts sanctions on them with immediate effect, came after Chinese President Xi Jinping and his U.S. counterpart Donald Trump agreed on several trade-related issues to ease tensions during a meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea's southeastern city of Gyeongju late last month.
The shipbuilder expressed relief at the move, saying, "We welcome China's decision and hope the suspension will strengthen our partnerships with Chinese businesses."
In particular, Hanwha Phil Shipyard is a key site for the country's "MASGA" (Make America Shipbuilding Great Again) project, which is part of a border tariff-related deal with the U.S.
Despite Washington's requirement to use U.S.-made parts for security reasons, some experts had expressed worries that, if China's sanctions were to take effect, the shipbuilder could face difficulties in procuring certain components, such as ship valves, which are monopolized by Chinese companies.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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