Shipbuilding in the United States has been in shambles due to decades of shortsighted policies and neglect. Today, the U.S. rolls out about three large cargo ships a year while China does around 1,000. The Trump administration has called this a national secur…
Turning the Ship Around | Sunday on 60 Minutes
The U.S. shipbuilding industry faces severe stagnation due to decades of policy neglect, producing only 3 large cargo ships annually compared to China's 1,000, directly undermining national security infrastructure. This industrial decline weakens the U.S. Navy's shipbuilding capacity, creating vulnerabilities in domestic defense and logistics chains that adversaries could exploit.