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Trump signs executive order to rebuild US shipbuilding
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Trump signs executive order to rebuild US shipbuilding
Apr 9, 2025 1:51 PM

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday signed an executive order aimed at rebuilding U.S. shipbuilding and reducing China's grip on the global shipping industry.

Trump told reporters the U.S. would be spending "a lot of money on shipbuilding" to restore American capacity in the sector.

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