How China Dominates Global Shipbuilding

China 's massive subsidy program to take over the world’s shipbuilding industry is laid out in great detail in a new report by the U.S. Trade Representative .

The report was written in response to a formal complaint filed by five unions under Section 301 of the Trade Act .

It depicts, in one industry, the China challenge writ large—and the folly of the free trade policy pursued since Reagan , with the complicity of Democratic presidents until Biden .

U.S. has almost waited too long to take a hard line against Chinese predatory trade and industrial policies.

China now has substantial leverage over us. China has threatened to escalate its own trade weapons.

As the shipbuilding story suggests, countermoves need to be thoughtful, carefully crafted.