Trump to boost US shipbuilders with WH office, tax incentives

President Donald Trump His message to Congress tells the White House on Tuesday that the White House will create a shipbuilding office and plans to offer new tax incentives to the US shipbulosystem.

“In order to promote our defense industrial base, we are also going to resurrect the American shipbulosy industry, including commercial shipbuilding and military shipbuilding,” Trump said during his speech. “And for that purpose, I announce today that we will create a new office in the White House and offer special tax incentives to bring the house of this industry to America.”

“We used it to make so many ships. We don’t make them anymore but we’re going to make them very soon. It will have a huge impact, “he said.

Trump Program to Promote US Shipping Industry: He comes to China’s emergence, as the world’s largest producer in the world, which has stimulated national security issues when the commercial shipbuilding industry is required to support China for Navy.

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262-foot eco Edison’s ship is seen under the ship in the city of Hawaium, Louisiana on April 4, 2023. (BRYAN TARNOWSKI / BLOOMBERG GETTY Images / Getty Images)

Is Wall Street Journal Tuesday reported that the Trump administration is an executive order, which includes 18 events to support US shipbuilders, including rising Chinese ships and cranes.

Other provisions include a higher remuneration and instruction of nuclear ports Elon Musk-Led Government’s Efficiency Department (DOGE):

Previously, the USAr Common (USR) office outlined the proposal that will make payments to $ 1.5 million for all ports built by a ship built in China. Including by companies outside China. The amount of the payment differs based on interest interest interest Chinese made ships In the fleet of shipping company, regardless of whether the port is preparing the port in China.

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President Donald Trump supported the US shipbulosystem to support the Congress on Tuesday in his message to the Congress. (Win McNamee / Getty Images / Getty Images)

It will also take an additional $ 1 million worth $ 1 million for Chinese cargo companies. Over time, the proposal will provide additional demand that US exports are delivered by American operators by the US flag bearer.

Trump administration plans follow a step taken by Biden’s administration that China decided to use unfair policies and practicalities to build global dominance Sea, logistics and shipbuilding Fields:

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Other US and Western governments have criticized what they consider to be the aggressive industrial policy of China and the production of steel products that helped to biliate bilateral support to promote US shipbuilding. The Chinese government has denied the crime.

Reuters contributed to this report.