LOS ANGELES/WASHINGTON - President Donald Trump's plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators, seaports, exporters and jobs, industry executives said at U.S. Trade Representative hearings on Monday.
At issue are proposed, stacking fees on China-built vessels that could top $3 million per U.S. port call. The Trump . . .
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