President Trump issues executive order to help revitalize the maritime industry

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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“It is very unclear of what President Trump is looking to do in the long-term here.”
“When we look at this kind of extreme weather and the way that things are moving, that injects a little more risk into our decision making.”