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China trade

US shipbuilding push faces economic, labor hurdles

US shipbuilding push faces economic, labor hurdles

The US shipbuilding industry, once a global leader, has dwindled to producing just a fraction of the world’s commercial vessels, with most American shipyards now focused on naval contracts, reports the Wall Street Journal. President Donald Trump is proposing measures to revitalize the sector, including port fees on Chinese-built
Jason Lee Bakke Mar 3, 2025

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