The Trump administration has called the floundering American shipbuilding industry an economic and national security crisis. Getting help from overseas may be one way to save the domestic industry.
China rolls out over 1,000 cargo ships a year, while the U.S. – maybe three. The Trump administration has called this a crisis with both economic and national security risks.
The Trump administration brokered an unusual deal with a U.S. mining, refining and magnet company as part of a plan to diminish America's reliance on China for rare earths.