Summary
The U.S. shipbuilding industry thrived during World War II but is now almost non-existent. Currently, China leads the world in shipbuilding. The article examines the decline of American shipbuilding and the possible effects of U.S. policies aimed at protecting it.
Key Facts
- The U.S. had a strong shipbuilding industry during World War II.
- Today, China's shipbuilding industry is the largest in the world.
- American shipbuilding has significantly declined in recent years.
- Protectionist policies could impact efforts to revive U.S. shipbuilding.
- The discussion is part of an NPR series called "The Indicator from Planet Money."
