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.
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