The Bay Area is witnessing a renewed focus on the shipbuilding industry, with Congressman John Garamendi highlighting the stark contrast between U.S. and Chinese ship production. Proposed tax incentives and the 'Ships for America Act' aim to rejuvenate domestic shipbuilding, which has greatly declined since the mid-20th century. The Bay Area Council supports these initiatives, emphasizing that restoring shipbuilding is key to revitalizing U.S. manufacturing and economic power. Meanwhile, California Forever has plans for a new maritime industry hub that could further bolster this effort amid ongoing discussions about revitalizing trade.
"For every 500 ships that China builds, the United States builds one merchant vessel," said Congressman Garamendi.
"Eliminate China's unfair advantage in the shipbuilding industry," said Garamendi.
"The United States has given up its shipbuilding industry. We used to be the biggest ship builders in the world 1950s to early 60s and then we gave it away," said Garamendi.
"If we want to restore manufacturing and economic power in the U.S., shipbuilding is going to be an important way to do that," said Rufus Jeffris with Bay Area Council.
Collection
[
|
...
]