The Trump administration has called the floundering American shipbuilding industry an economic and national security crisis. Getting help from overseas may be one way to save the domestic industry.
China rolls out over 1,000 cargo ships a year, while the U.S. – maybe three. The Trump administration has called this a crisis with both economic and national security risks.
The Trump administration is working with a U.S. company to challenge China's dominance over rare earth elements. The metals are essential for components in smartphones, robotics, fighter jets, and drones.
