Trump administration readies order to bolster US shipbuilders and punish China - via WSJ

  • Wall Street Journal report

The Wall Street Journal (gated) report that the Trump administration is preparing an order to bolster US shipbuilders and punish China.

  • order includes 18 measures ranging from raising revenue from fees on Chinese-built ships and cranes entering the U.S., to establishing a new office at the National Security Council to strengthen the domestic maritime sector.
  • The measures also include raising wages for nuclear-shipyard workers

The US is lagging far behind China in ship building. Scrambling to catch up.

Shipping tanker tariffs

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access