"US Labor Unions Seek Biden Administration Probe Into China's Shipbuilding Practices"

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Source: gCaptain
"US Labor Unions Seek Biden Administration Probe Into China's Shipbuilding Practices"
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TL;DR Summary

US labor unions, led by the United Steelworkers Union, have filed a Section 301 petition urging the U.S. Trade Representative to investigate China's anti-competitive shipbuilding practices, which have led to a decline in U.S. shipyards and jobs. The unions argue that China's state-directed industrial campaigns and subsidies pose economic and national security threats. The petition is supported by policymakers and the Shipbuilders Council of America, and comes after President Biden's $20 billion investment to bolster domestic crane manufacturing. USTR Katherine Tai now has 45 days to decide whether to pursue an investigation into Chinese shipbuilding.

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