Trump looks to boost US shipbuilding, penalize Chinese vessels and cranes in US ports: report

5-3-2025 Business NY Post - Business 19

The Trump administration is preparing an executive order designed to reinvigorate US shipbuilding and reduce China’s stronghold over the global maritime industry, according to a report. The draft order which was reviewed by The Wall Street Journal outlines 18 measures aimed at strengthening the domestic sector, including imposing fees on Chinese-built ships and cranes entering...

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