Can South Korean shipyards help ‘Make American Shipbuilding Great Again’?
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What obstacles does the US face when it comes to domestic shipbuilding? Since the start of the Trump 2.0 administration, South Korean shipbuilders have been courted as key partners in reviving the U.S. shipbuilding industry, with Seoul pledging $150 billion under the “Make American Shipbuilding Great Again” initiative to modernize naval capacity, expand commercial shipyards, and strengthen allied supply chains. At the heart of this discussion is the Jones Act, the 1920 law mandating domestically
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