US Tariffs on Chinese Vessels Highlight Shipbuilding Decline
New US tariffs on Chinese vessels under Section 301 spark debate over America’s declining shipbuilding industry and industrial policy challenges.
News & Insights Across Asia
New US tariffs on Chinese vessels under Section 301 spark debate over America’s declining shipbuilding industry and industrial policy challenges.
Germany’s VDMA criticizes EU-US tariff exemptions as ‘a slap in the face,’ warning of job losses and competitive risks for Europe’s machinery sector.
China maintains its position as the world’s leading manufacturing hub for 15 consecutive years, driven by strategic investments and innovation under the 14th Five-Year Plan.
While trillions are pledged to revitalize US manufacturing, experts warn new plants face years of planning and execution. Can America’s industrial revival meet timelines?