President Trump has signed an executive order to revive U.S. shipbuilding.
It aims to decrease China’s growing dominance at sea and follows the U.S. Trade Rep’s previously proposed port fees on Chinese ships.
CEO of the World Shipping Council Joe Kramek spoke with RFD-TV’s Tammi Arender on what this order entails, how it would revitalize the maritime industry, and what to pay attention to moving forward.
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“This is going to hit everywhere, and it’s going to have an impact on those grocery bills.”
