The American Association of Port Authorities is asking the new Trump administration and Congress to keep funding for port infrastructure and avoid new import tariffs. They recently met with Trump’s team to highlight the importance of continuing investments from laws like the Bipartisan Infrastructure Law and the Inflation Reduction Act, which have provided billions for port projects, including upgrades and clean energy programs.
Trump has said he wants to cut unspent Inflation Reduction Act funds, but that would need approval from Congress. Port operators warn that cutting programs funded by the Inflation Reduction Act could hurt port operations. The American Association of Port Authorities also opposes Trump’s proposed tariffs, saying they could reduce trade, but suggested using any money from tariffs to improve port infrastructure.
With $17 billion from Bipartisan Infrastructure Law and other ongoing projects at risk, the maritime industry is pushing for continued investments to keep supply chains strong and the economy stable.
If you have any questions or concerns please reach out to us here at Radius International!