Trump preparing orders to support U.S. shipbuilders, WSJ says

The Trump administration is readying an executive order to revive the U.S. shipbuilding industry while undercutting its Chinese competition, The Wall Street Journal’s Paul Berger reports, citing a draft summary reviewed by the publication. The order’s measures include raising revenue from fees on Chinese-built ships and cranes entering the U.S., establishing a new office at the National Security Council to strengthen the domestic maritime sector, raising wages for nuclear-shipyard workers, and initiating a review of government procurement processes under DOGE, the report states.