The idea is good. But, asking "allies" to invest in US shipbuilding is unlikely to work when US national strategic goals misalign so strongly with its normal trading partners.
Can I also point out Australia just gave the US shipbuilding industry $AUD800m for future Virginia class subs and to sustain AUKUS and we got shat on over a bogus trade war. So, I think this CSIS report is totally at odds with the reality of investment in US shipping: you get nothing back but trouble. We got no guarantees of continuance of our future sub needs, we got signals the entire project is in trouble politically.
I'd be investing in my own economies shipbuilding and forming alliances with regional partners who can be relied on and alas, in many ways, China might be a more reliable partner.
What will CSIS do when China refuses to do FOB with US flagged ships, in tit for tat? They surely want trade right? What else are ships for?
There are so few US-built ships (flag will be something more convenient anyway) that they could easily be used on other routes, even if production capacity were increased several times over. But yeah, the most likely beneficiaries would be shipyards in third-party countries. Insofar as the goal is to disrupt Chinese market dominance, that would still be a win for this policy.
The idea is good. But, asking "allies" to invest in US shipbuilding is unlikely to work when US national strategic goals misalign so strongly with its normal trading partners.
Can I also point out Australia just gave the US shipbuilding industry $AUD800m for future Virginia class subs and to sustain AUKUS and we got shat on over a bogus trade war. So, I think this CSIS report is totally at odds with the reality of investment in US shipping: you get nothing back but trouble. We got no guarantees of continuance of our future sub needs, we got signals the entire project is in trouble politically.
I'd be investing in my own economies shipbuilding and forming alliances with regional partners who can be relied on and alas, in many ways, China might be a more reliable partner.
What will CSIS do when China refuses to do FOB with US flagged ships, in tit for tat? They surely want trade right? What else are ships for?
There are so few US-built ships (flag will be something more convenient anyway) that they could easily be used on other routes, even if production capacity were increased several times over. But yeah, the most likely beneficiaries would be shipyards in third-party countries. Insofar as the goal is to disrupt Chinese market dominance, that would still be a win for this policy.