Many readers have likely heard of a proposal within the Trump administration to levy a huge fee – as much as $1-3 million – every time a Chinese-built ship enters s US port, even if the carrier itself is from another country.
What’s driving this proposal? The lousy shape of US shipbuilding – and the growing dominance of China.
As seen in the graphic below, China now enjoys about a one-third share and growing, compared to just 18% for South Korea and a declining 10% of the market for Japan.
The shares of the US and Europe are so small as to be irrelevant.

Source: Wall Street Journal
This state of affairs has significant commercial and military ramifications.
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