The U.S. builds less than one percent of the world’s ships and relies on foreign vessels for military supplies. A new book about the last time we dominated shipbuilding suggests Trump’s approach of tariffs and port fees won’t cut it: https://t.co/SVbTBe7GLF
US seeks shipbuilding expertise from South Korea & Japan to counter China https://t.co/FY6GDyLigD
U.S. senator says Congress to review shipbuilding reforms after Lee-Trump summit https://t.co/CClUwbDwin
American lawmakers are visiting South Korea and Japan to explore how the United States can leverage these allies' shipbuilding expertise and capacity to enhance its own capabilities, which are currently overshadowed by China's shipbuilding industry. The U.S. builds less than one percent of the world's ships and depends heavily on foreign vessels for military supplies. Following a summit between South Korean President Lee and former U.S. President Trump, Congress plans to review shipbuilding reforms. Meanwhile, Canada is advancing cooperation with Finland on constructing a new icebreaker designed for Arctic conditions. There is some concern that the U.S. initiative may not align with the interests of South Korea and Japan's shipbuilding industries. Experts suggest that previous U.S. strategies, such as tariffs and port fees implemented during Trump's administration, may not be effective in revitalizing American shipbuilding dominance.