President Trump announced a new office in the White House dedicated to solving the persistent problems facing the US shipbuilding industry. He emphasized the urgency of revitalizing both commercial and military shipbuilding, suggesting that tax incentives will be part of the strategy. Despite this, experts note that the challenges, including cost overruns and delays, are deeply entrenched. Trump's National Security Advisor highlighted the current state of American shipbuilding as an 'absolute mess' with serious implications for national security, especially amid growing competition from China.
"We used to make so many ships, but we're going to make them very fast, very soon. It will have a huge impact to further enhance our national security."
Trump's announcement reveals a desire to tackle long-standing issues in US shipbuilding, which include substantial delays and cost overruns that hinder military readiness.
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