• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump admin to send workers abroad to boost US shipbuilding, counter China’s edge

by September 4, 2025
written by September 4, 2025

The U.S. Labor Department is planning to partner up with allies like South Korea and Japan to train U.S. workers to become shipbuilders under President Donald Trump’s push to revitalize the industry. 

While China is massively outpacing the U.S. when it comes to shipbuilding, the Labor Department will announce an $8 million funding availability Thursday for an international fellowship program that will pair up U.S. institutions with foreign counterparts to remedy this disparity. 

The four-year proposed project will team up U.S. training centers, registered apprenticeship programs and education institutions like community colleges with foreign training centers, and shipyards in Canada, Finland, Italy, Japan, South Korea and other countries to provide U.S. workers with advanced shipbuilding skills, according to the Labor Department. 

The fellowship, led by the Labor Department’s Bureau of International Labor Affairs, will prioritize training for boilermakers, industrial electricians, steelworkers, steamfitters, shipwrights and welders.

Likewise, the funding will also go toward creating a specialized, internationally recognized trade curriculum aimed at fostering more advanced training in the U.S. The initiative seeks to garner knowledge from allies and distribute it more widely among workers within the U.S. to expand shipbuilding trade skills domestically. 

‘Working closely with our allies will advance the Department of Labor’s mission to create effective shipbuilding apprenticeship programs right here in the United States,’ Secretary of Labor Lori Chavez-DeRemer said in a statement to Fox News Digital. ‘President Trump is restoring America’s maritime dominance by preparing our workforce to outcompete China and strengthen our national security.’

The U.S. is severely behind near-peer competitors like China when it comes to shipbuilding — and allies like South Korea and Japan. 

China is responsible for more than 50% of global shipbuilding, while South Korea is responsible for nearly 29% and Japan 13%, according to the Center for Strategic and International Studies. That’s compared to just 0.1% from the U.S. 

‘The erosion of U.S. and allied shipbuilding capabilities poses an urgent threat to military readiness, reduces economic opportunities, and contributes to China’s global power-projection ambitions,’ the Center for Strategic and International Studies said in a March report. 

But Trump has directed his attention to the industry, and told lawmakers in March that he would ‘resurrect’ both commercial and military shipbuilding. Additionally, Trump signed an executive order in April aimed at reinvigorating the U.S. shipbuilding sector. 

Specifically, the executive order called for assessments regarding how the government could bolster financial support through the Defense Production Act, the Department of Defense Office of Strategic Capital, a new Maritime Security Trust Fund, investment from shipbuilders from allied countries and other grant programs.

It also instructed agencies to develop a maritime action plan and ordered the U.S. trade representative to compile a list of recommendations to address China’s ‘anticompetitive actions within the shipbuilding industry.’ 

The new fellowship program stems from Trump’s executive order, according to the Labor Department. 

Those eligible to apply for the funding opportunity include any commercial, international, educational or nonprofit organization, which includes faith-based, community-based or public international groups.

The application deadline is Sept. 26. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
HHS Secretary Robert F Kennedy Jr to face Senate panel after CDC turmoil
next post
RFK Jr denies telling former CDC director to approve vaccine recommendations

related articles

RFK Jr. invokes Democrat father’s words to defend...

September 4, 2025

VP Vance curses out senators after heated Kennedy...

September 4, 2025

RFK Jr. defends firing spree at CDC, vows...

September 4, 2025

Severe Secret Service sniper shortage leaves US leaders...

September 4, 2025

Pro-life group urges Senate to press RFK Jr...

September 4, 2025

Trump health agenda sparks revolt: 3 West Coast...

September 4, 2025

List reveals items FBI seized from John Bolton’s...

September 4, 2025

RFK Jr denies telling former CDC director to...

September 4, 2025

Google CEO, major tech leaders join first lady...

September 4, 2025

RFK Jr and top Dem clash during heated...

September 4, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump nominees squeezed between ‘blue slips’ and blue obstruction

    August 31, 2025
  • After GOP snub, pro-life advocates re-energized by Kamala Harris, who they can label ‘extremist’

    July 23, 2024
  • ‘Bait and switch’: Schumer warns of bitter funding fight over GOP cuts plan

    July 8, 2025
  • New poll shows what Americans think of Trump’s record-setting first 3 weeks

    February 13, 2025
  • Trump appeared on Joe Rogan’s podcast for nearly three hours: Here are the top moments

    October 26, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,907)
  • Investing (634)
  • Stock (920)

Latest Posts

  • Trump appeared on Joe Rogan’s podcast for nearly three hours: Here are the top moments

    October 26, 2024
  • Experts gauge success of ‘bunker buster’ bombs dropped by US on Iran nuclear sites

    June 24, 2025
  • RFK Jr targets companies making baby formula after shortages rocked Biden administration

    March 19, 2025

Recent Posts

  • USDCHF and USDJPI: USDJPI falls under pressure this morning

    August 5, 2024
  • Encircling Taiwan was a smokescreen for China’s real goal of convincing US not to intervene, expert says

    October 20, 2024
  • Immersive entertainment company Cosm lands rights to broadcast NFL games

    October 29, 2024

Editor’s Pick

  • ‘Treated you like garbage’: Trump uses Biden criticism as rallying cry in battleground North Carolina

    October 30, 2024
  • Trump says Kamala Harris will not participate in Fox News debate on Sept. 4

    August 20, 2024
  • Republicans, pro-life advocates split on Trump’s proposal to federally subsidize IVF

    September 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock