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 workersThe US is lagging far behind China in ship building. Scrambling to catch up.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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