Trump signs executive order to rebuild US shipbuilding
By Thomson ReutersApr 9, 2025 | 3:17 PM
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signed an executive order aimed at rebuilding U.S. shipbuilding and reducing China’s grip on the global shipping industry.
Trump told reporters the U.S. would be spending “a lot of money on shipbuilding” to restore American capacity in the sector.
(Reporting by Andrea Shalal; Editing by Chris Reese)
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