The very idea of the United States getting back into shipbuilding at scale shows an erosion in acceptance of the very concept of global trade, specifically comparative advantage.
Apparel importers are concerned that tariffs on China will do harm given more than 4 out of every 10 shipments of the product come from China.
US maritime regulators’ decision to add the multipurpose vessel operator to the controlled-carrier list comes amid a wider US-China trade dispute.