Gary Roughead
The Trump administration’s pending executive order to bolster U.S. shipbuilding is well past due. While noting China’s unfair trade practices in the maritime and logistics sectors, the executive order also bluntly and accurately attributes our diminished maritime standing to decades of neglect.
Some of the order’s measures—intended to restore our maritime capacity and erode China’s maritime and logistic dominance—have already raised concerns about potentially disrupting global trade and supply chains. That may ultimately be the case. But it is critical that the United States mitigate those concerns and prevent China from continuing to expand its footprint in the many sectors vital to U.S. interests.
How China Overtook the United States
China is the world’s second-largest economy and America’s primary economic competitor. We can cry foul, but we enabled China’s rapid and extraordinary transformation.
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