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Shipbuilding industry stuck on ground

Created on January 16, 2015

Shipbuilding industry stuck on ground

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Read the original report, "Senator McCain’s Jones Act Amendment: Good for America," by Bryan Riley and Brian Slattery.

U.S. shipbuilding exports are tiny compared to exports of semis and trailers. Shipbuilding is subject to the protectionist Jones Act which hinders competition, while the semi industry is not.

Source: U.S. International Trade Commission, http://dataweb.usitc.gov/.

Tags: Jones-Act, John-McCain, protectionist, shipbuilding