President Biden wants to bring shipbuilding back to the U.S., but it won’t be easy for a domestic manufacturing industry that has been miniscule since the 1980s. The recent announcement by the Biden administration of a new trade investigation into China’s dominance of the ship manufacturing sector — linked to its broader industrial policy to rival China and boost the U.S. steel industry — is at odds with economic reality, according to maritime industry analysts. They tell CNBC that Biden’s shipbuilding talk is more campaign promise than reality, and it isn’t economically viable for domestic shipbuilding to be ... (full story)