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International Cooperation Department
Tel.: (+86-21) 65853850-8034
Fax: (+86-21) 65373125
E-mail: ICDept@sisi-smu.org
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International Shipping |
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| Trump Signs Executive Order to Revitalize US Maritime Industry |
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Date:2025-04-10 Readers:
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U.S. President Donald Trump has signed an executive order aimed at ‘restoring American maritime dominance’ through the revival of domestic shipbuilding industry and weakening China’s grasp on the global shipping market.
The Order directs the creation of a Maritime Action Plan (MAP) to revitalize U.S. maritime industries, which will provide a strategy with specific actions to restore and create sustained resiliency for the American maritime industry.
Up until now, government procurement processes and over-regulation have hindered private industry’s ability to build vessels on time and on budget, and according to the current administration, this order reverses that trend.
It instructs the Secretary of Defense to assess options, including the Defense Production Act Title III authorities, to invest in and expand the Maritime Industrial Base.
Such an action will help better utilize and leverage existing authorities to spur public and private investment in the Maritime Industrial Base.
The order directs the United States Trade Representative (USTR) to make recommendations regarding China’s anticompetitive actions within the shipbuilding industry.
It also directs the Secretary of Homeland Security to enforce collection of the Harbor Maintenance Fee and other charges on foreign cargo entering the United States to prevent circumvention via Canada or Mexico.
Trump’s administration considers that this will put an end to a longstanding unfair practice, ensuring all cargoes entering the United States are assessed the proper applicable fees and generating additional revenue for investment into the maritime industry.
“The U.S. government will work with our allies and partners to align trade policies to disrupt China’s non-market practices in the international supply chain and logistics sectors,” the government said.
In addition, the Order establishes a Maritime Security Trust Fund to provide consistent funding for maritime programs in addition to a shipbuilding financial incentives program to boost private investment in U.S. shipbuilding.
It develops Maritime Prosperity Zones to incentivize investment in waterfront communities and is to be modeled on President Trump’s Opportunity Zone concept. Also, it expands Mariner training and education through an investment in the U.S. Merchant Marine Academy and a plan for expanding training opportunities.
To ensure national economic security, the U.S. government will increase the fleet of commercial vessels trading internationally under U.S. flag as well as domestically between our ports.
The MAP will develop a strategy to ensure security and leadership of arctic waterways to address the growing presence of foreign nations in the region and the need for the United States to reestablish itself in the area.
https://www.marinelink.com/news/trump-signs-executive-order-revitalize-us-524531
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