MILWAUKEE — Milwaukee political leaders gathered Monday at Port Milwaukee to celebrate a major shift in federal trade policy.
It is a change they say will save millions and boost regional shipping.
In April, the U.S. Trade Representative announced that Great Lakes vessels will now be exempt from a $1.5 million port fee.
The charge was originally designed for ocean-going ships under a broader crackdown into Chinese-built vessels.
“For Milwaukee, that would have affected nearly half of the trade that happens here at Port Milwaukee,” said Milwaukee Mayor Cavalier Johnson.
The exemption follows months of lobbying by regional leaders and members of Congress, including Democratic Congresswoman Gwen Moore.
“I support trade that is smart and fair and strategic — and that serves our state and our workers,” said Moore. “Good trade benefits all nations involved.”
The policy shift is expected to drive economic benefits across the state and the region.
“This is a win not only for our economy, but for the working people whose jobs depend on the continued success of Port Milwaukee,” said Milwaukee County Executive David Crowley.
With the exemption in place, leaders said the port can expand its role in moving goods, creating jobs and boosting trade across the Great Lakes network.
“The waterway is the way for movement for many of our products,” said Moore.