Trump's plan to rebuild American shipping faces rough waters

The U.S. shipbuilding industry has fallen on hard times. President Donald Trump wants to revive the sector, starting with new fees on Chinese-made container ships that carry a huge chunk of global trade. But reviving America's nautical might will likely be difficult.

The proposed fees are meant to penalize Beijing for its "chokehold on the construction of commercial vessels," said The Washington Post. Money charged to Chinese-made ships when they dock at U.S. ports would subsidize a "commercial...