U.S. importing Korean shipbuilding techniques to save floundering industry

CBS News
March 22, 2026
3 min read

Quick Insights

The Bottom Line

Trump administration adopts Korean shipbuilding techniques to rescue struggling U.S. maritime industry.

How This Affects You

Potential domestic job creation in shipbuilding sector, though increased reliance on foreign expertise may limit wage growth compared to nationalist manufacturing goals.

AI Summary

The Trump administration is turning to Korean shipbuilding techniques to address what it views as an economic and national security crisis in the struggling American shipbuilding sector. The move signals a shift toward importing foreign expertise as domestic yards struggle with competitiveness and capacity challenges. Reviving U.S. shipbuilding capacity carries strategic weight, as the industry is essential for maintaining naval dominance and supporting critical maritime infrastructure. By adopting proven Korean methods, American shipbuilders could potentially accelerate production timelines and reduce costs that have made domestic yards uncompetitive globally. The initiative reflects a pragmatic trade-off between nationalist manufacturing goals and the practical need to rescue an industry vital to both economic and military interests.

What's Being Done

Trump administration is implementing Korean shipbuilding methods to accelerate production timelines and reduce costs in American yards.

Following this story?

Get notified when new coverage appears

Other Sources Covering This Story

2 sources

Multiple outlets have reported on this story. Compare perspectives from different sources.

Should this be getting more attention?

You Might Have Missed

Related stories from different sources and perspectives

Senate GOP plows forward on SAVE America Act amid pressure from right
Politics

Senate GOP plows forward on SAVE America Act amid pressure from right

The Senate is planning to debate and vote on the Safeguard American Voter Eligibility Act, called the SAVE America Act, through this weekend as Senate conservatives warn that a failure to make significant progress on President Trump’s No. 1 legislative priority could result in Republican voters sitting out the election in November. The Senate is…

The HillMar 20
SAVE America Act faces uphill battle in Senate
Politics

SAVE America Act faces uphill battle in Senate

President Trump is pressuring Senate Republicans to pass his voter ID bill, dubbed the "SAVE America Act." Oriana Gonzalez, reporter for NOTUS, and Julia Manchester, national political reporter for The Hill, join "The Takeout" with more on the issues facing lawmakers.

CBS NewsMar 20
Tech industry rallies behind Anthropic in Pentagon fight
AI & Warfare

Tech industry rallies behind Anthropic in Pentagon fight

<p>Tech industry groups representing hundreds of companies are urging a court to pause the Pentagon's blacklisting of Anthropic.</p><p><strong>Why it matters: </strong>The Pentagon didn't just stop doing business with Anthropic — it labeled the company a supply chain risk, a move industry says could chill innovation and reshape how the government treats AI vendors.</p><hr><p><strong>Driving the news: </strong>Major tech industry groups representing companies with Pentagon contracts filed an amicus brief calling for a pause on the designation. </p><ul><li>"The government has ample, well-established tools to resolve procurement disputes and to contract with providers on whatever terms it prefers," the March 13 <a href="https://www.itic.org/documents/2026-03-13-%5BFILED%5DBriefofAmiciCuriaeIndustryTradeAssociations.pdf" target="_blank">court filing</a> states.</li><li>What they can't do, the filing says, is "misuse extraordinary national security authorities designed for foreign advers...

AxiosMar 16
The SAVE Act faces long odds in the Senate. GOP-led states are picking up the cause
Politics

The SAVE Act faces long odds in the Senate. GOP-led states are picking up the cause

Several Republican-led states are passing their own versions of the SAVE America Act, Trump-backed legislation that would introduce new proof-of-citizenship requirements to register to vote.

NPRMar 19
Trump administration to slash fee to renounce US citizenship from $2,350 to $450
Politics

Trump administration to slash fee to renounce US citizenship from $2,350 to $450

<p>White House will take a financial loss to make it easier for Americans to walk away from citizenship starting in April</p><p>The <a href="https://www.theguardian.com/us-news/trump-administration">Trump administration</a> has agreed to take a financial loss in order to make it easier for Americans to walk away from their US citizenship.</p><p>In April, the cost to formally renounce citizenship will plunge from $2,350 to just $450, below the actual cost to the government of processing the requests – but fulfilling a years-long promise to reverse an unpopular fee adopted in 2015.</p> <a href="https://www.theguardian.com/us-news/2026/mar/17/cost-renounce-citizenship-trump-administration">Continue reading...</a>

The Guardian US NewsMar 17
Fact-checking Senate Minority Leader Chuck Schumer on the effects of the SAVE America Act
Government Transparency

Fact-checking Senate Minority Leader Chuck Schumer on the effects of the SAVE America Act

Senate Democratic Leader Chuck Schumer said the SAVE America Act would require in-person voter registration, "something only 5% of Americans do today." The act would require that, but the rate of in-person registrations is higher than Schumer said.

PBS NewsHourMar 21
Read Next
Collapse of U.S. shipbuilding poses national and economic security risks | 60 Minutes
National Security

Collapse of U.S. shipbuilding poses national and economic security risks | 60 Minutes

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.

Continue reading

Did this story change how you see things?

Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.

Share this story

Get the daily digest

Save for later

The Verity Ledger curates verified investigative journalism from trusted sources only.

See our sources