The bill seeks to rebuild and secure U.S. shipbuilding, maritime supply chains, and related diplomatic capacity—creating jobs and stronger national-security oversight—while raising federal costs, risking higher shipping prices, increased regulatory complexity, and possible trade or geopolitical retaliation.
U.S. shipbuilders, maritime suppliers, and shipyard workers will receive increased federal support, procurement, foreign investment, and workforce training that expand domestic shipbuilding capacity and create jobs.
U.S. national security stakeholders (taxpayers, military planners) will gain reduced reliance on PRC shipbuilding plus annual intelligence and reporting on Chinese shipyards, improving the ability to identify threats, inform export controls, and protect defense supply chains.
Federal, state, and local governments and industry will have clearer, more centralized coordination—through a single presidential point of contact and a new Assistant Secretary/Bureau—streamlining engagement with international investors and improving maritime/oceans diplomacy and oversight.
Taxpayers will face higher government spending and potential increases in deficits or taxes due to expanded procurement, new offices (Assistant Secretary/Bureau), and broader DFC authorities.
Consumers, importers, and small businesses will likely see higher shipping and trade costs because procurement preferences, reciprocal fees, and protectionist measures prioritizing U.S. shipbuilding can raise prices for maritime services and imports.
Small businesses, consumers, and taxpayers will face increased risk of trade retaliation or escalation because measures to block or restrict firms from 'countries of concern' can provoke reciprocal actions and supply disruptions.
Based on analysis of 4 sections of legislative text.
Directs a coordinated U.S. strategy to bolster domestic shipbuilding, requires reports on major Chinese shipbuilders, permits investment in ports, and creates a State Department Assistant Secretary for Water, Environment, and Space Affairs.
Official title: To combat China's unfair and non-market-oriented trade practices related to the shipbuilding industry, and for other purposes.
Introduced April 30, 2026 by Young Kim · Last progress April 30, 2026
Requires a whole-of-government push to rebuild U.S. commercial and defense-relevant shipbuilding capacity, reduce dependence on China-sourced materials and yards, and coordinate allied investment and supply-chain diversification. It adds reporting and briefings on two Chinese shipbuilding conglomerates, creates a single U.S. government point of contact for international shipbuilding investment, and establishes an Assistant Secretary at the State Department for Water, Environment, and Space Affairs with explicit oceans and maritime diplomacy duties. Sets near-term deadlines (90 days and 1 year) for designation of a lead official and for reporting, directs annual follow-up reports for three years, and amends an existing development-investment statute to permit support for port and harbor infrastructure. It aims to combine procurement, investment, workforce development, and diplomacy to strengthen industrial resilience and national security in maritime sectors.