Executive Order “Restoring America’s Maritime Dominance”: Revitalizing the U.S. Shipbuilding and Maritime Industry
By EsqSocial Corporation 30/04/25
On April 9, 2025, President Trump signed an Executive Order (the “EO”) entitled Restoring America’s Maritime Dominance. The EO directs the creation of a comprehensive Maritime Action Plan aimed at revitalizing U.S. maritime industries and enhancing national security and economic prosperity. Key initiatives of the EO include tariffs on Chinese maritime equipment, enforcing the Harbor Maintenance Fee, establishing a Maritime Security Trust Fund, and creating Maritime Prosperity Zones modeled...
By: King & Spalding