A New Course for U.S. Shipbuilding

One of the pillars of the Trump administration has been a desire to rebuild the shipbuilding and repairing business in the United States. This echoes earlier concerns raised by the U.S. Navy (which must build and repair all its ships in the United States) about the lack and age of the country’s shipbuilding and repair infrastructure.

In response, the White House recently issued an executive order to establish Maritime Prosperity Zones (MPZs) across the United States. The approach is similar to the Federal Opportunity Zone program created under the first Trump administration. According to the order, the MPZs benefits will be outlined by November 2025.

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