China Dominates Global Shipbuilding at Expense of U.S.

The United Steelworkers and other American labor organizations urged the Biden administration on March 12 to look into China’s anticompetitive shipbuilding industry, which they accused of “unreasonable and discriminatory acts, policies and practices.”

A petition was filed under Section 301 of the Trade Act of 1974, which Donald Trump used in 2018 to impose billions of dollars of tariffs on Chinese imports. The document also asked the Biden administration to impose fees on Chinese vessels docked at United States ports.

China vs. the U.S.: Over the past 20 years, China has sought control over the global shipbuilding industry, while the U.S. has essentially stopped building its own ships. China also operates the largest navy in the world.

Once home to nearly 30 major shipyards, the United States now has only a fraction of that. … [China] is using commercial shipbuilding to dominate the full spectrum of global trade, choking out all competitors. If we do not act quickly, we will soon be dependent on China not only for the products their vessels bring into our ports but also for the ships themselves.
—David McCall, United Steelworkers international president

Prophecy says: Isaiah 23 warns of a massive anti-American alliance led by China and Europe. This prophecy also shows Chinese ships will play a key role in America’s downfall.

Learn more: Read “Building Toward a World Catastrophe” in Trumpet editor in chief Gerald Flurry’s free booklet Isaiah’s End-Time Vision.