Shipbuilding industry stuck on ground
Created on January 16, 2015
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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