FLEETS Now Act aims to counter China's unfair shipbuilding practices and strengthen U.S. maritime industry.
The FLEETS Now Act seeks to counter China's unfair and non-market-oriented trade practices in the shipbuilding industry. It establishes a policy to develop domestic shipbuilding capacity independent of Chinese supply chains. The Act also creates an exchange program for shipbuilding industry experts to enhance U.S. workforce knowledge and expertise. Additionally, it mandates the Secretary of State to brief Congress on companies with ties to China's shipbuilding sector and report on shipyards producing warships for the People's Liberation Army Navy.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.