How Trump Is Targeting China’s Shipbuilding Dominance: QuickTake

As part of US President Donald Trump’s campaign to bring more manufacturing to American shores, he wants to engineer a revival of domestic shipbuilding. To that end, his efforts to chip away at China’s dominance in the industry have become a flashpoint in the wider trade war.

The US hasn’t made ocean-going commercial vessels in significant numbers since the 1970s, and such is the scale of China’s competitive advantage today, even major shipbuilding countries such as South Korea are struggling to keep up. Nonetheless, the Trump administration is hoping to restore American shipyards to their former glory by taxing ...