Trump Tariffs on Russia’s Oil Buyers Bring Economic, Political Risks
From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon.
South Korea declared yesterday that single-hulled tankers greater than 5,000 tons will be “barred from operating in territorial waters” as of 1 January 2011. At first glance, this requirement appears slightly more rigid than the United States’ 1990 Oil Pollution Act and MARPOL Amendment 13g allowing Category 2 or 3 single-hulled tankers that have passed a “Condition Assessment Scheme” to operate until 2015, or until their 25th year in service, whichever is earlier.
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