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Trump Partners with South Korea to Revive Shipbuilding

12/17/2025

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Story summary
  • U.S. President Donald Trump aims to revive U.S. shipbuilding as part of his 'Make America Great' agenda.
  • The administration has partnered with South Korean firms, including Hanwha Group, to boost U.S. shipbuilding.
  • China dominates global shipbuilding with more than 300 active shipyards, far outpacing the United States' eight.
  • Recent trade agreements allocate sizable maritime investments, but workforce training and capacity expansion remain challenges.