Trump to create office of shipbuilding, offer tax incentives
- President Donald Trump announced the creation of a White House Office of Shipbuilding and plans to offer tax incentives to boost the U.S. Shipbuilding industry during an address to Congress.
- Matthew Paxton, president of the Shipbuilders Council of America, expressed support for the new office, stating it will help meet national defense demands and create jobs.
- China's shipbuilding dominance, controlling over 50% of the global market, has prompted the U.S. To consider imposing fees on Chinese shipping companies.
- Virginia's shipbuilding industry may benefit from Trump's plan, as it could lead to increased contracts and job opportunities at companies like Huntington Ingalls Industries.
63 Articles
63 Articles
Trump Is Right. It’s Time To Make Shipbuilding Great Again.
By Jarrett Stepman, The Daily Signal | March 06, 2025 America desperately needs to make shipbuilding great again. President Donald Trump announced in his Tuesday night address to Congress that he will sign an executive order creating an office of shipbuilding to “resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding.” Trump’s announcement, though it may be surprising, is long overdue.The total …
Inside the Navy - March 10, 2025
TRANSCOM commander asks lawmakers to raise limit on foreign, used vessel purchasesTrump announces new White House shipbuilding office, tax incentives for industryLockheed: F-35s to feature some Block 4 capabilities this summer with new TR-3 releaseU.S. should stay committed to AUKUS as long as it can meet domestic needs first, senior Pentagon nominee saysMarine Corps to hold prepositioning logistics support industry day at Blount Island CommandA…
China’s Shipyards Can Build 232 Times More Tonnage Than US Counterparts
Key Point and Summary: China now vastly outpaces U.S. shipbuilding, producing significantly more tonnage and dominating global markets. America’s naval shipyards have faced workforce cuts, maintenance backlogs, rising costs, and infrastructure deterioration. Key Point #1 – In response, President Trump announced new measures, including creating a White House shipbuilding office and tax incentives, aiming to […] The post China’s Shipyards Can Buil…
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