The article discusses the alarming decline of the U.S. merchant fleet compared to China's vast shipping power, which boasts 5,500 vessels. With only about 80 U.S. ships and inadequate shipbuilding capabilities, America's maritime sector faces existential threats. President Trump has taken steps to address this crisis by signing an executive order to boost shipbuilding and advocating for congressional support through the SHIPS for America Act. This act represents a bipartisan effort to revitalize U.S. shipbuilding and restore the countryâs standing in global maritime trade.
A nation's safety and prosperity depends on the strength of its ships. Americaâs merchant fleet is diminishing, posing a risk to the economy and national security.
President Trumpâs recent executive order aims to revitalize America's shipbuilding sector by promoting private investment and imposing fees on Chinese vessels.
The U.S. currently has only 80 ships and is struggling to add more, while China rises with a fleet of 5,500 commercial vessels.
Introducing the SHIPS for America Act shows bipartisan commitment to address the decline in U.S. shipbuilding and enhance the maritime industry.
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