President Donald Trump's plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators, seaports,

Delays in shipments due to fewer port calls and higher shipping costs will force businesses like ours to either carry excess inventory or face stock shortages," Perry Ellis president Oscar Feldenkreis said.

Port of Charleston and other seaports could take a hit from a White House proposal to levy hefty fees against vessels operated or built by Chinese-owned companies.