Sponsors (4)
The bill aims to rebuild U.S. shipbuilding capacity and tighten maritime security through federal support, centralized coordination, and expanded reporting/financing, but does so at the cost of higher government spending, greater regulatory complexity, potential higher shipping costs, environmental/diplomatic friction, and risks of economic retaliation or geopolitical exposure.
U.S. shipbuilders, maritime suppliers, and transportation workers will receive increased federal support, procurement, foreign investment, and workforce training to rebuild domestic shipbuilding capacity and create jobs.
U.S. national security stakeholders (taxpayers, military personnel) will gain reduced reliance on PRC shipbuilding and better oversight through reporting and intelligence, lowering risks of dual-use transfers and informing export controls or sanctions.
Middle-class families, small businesses, and affected industries will benefit from strengthened supply-chain resilience and improved transparency on trade practices, supporting fair-trade enforcement and reducing economic coercion risks.
Taxpayers face higher government spending (procurement, new bureau, DFC projects) that could raise deficits, taxes, or redirect funding from other priorities.
Consumers, importers, small businesses, and middle-class families may see higher shipping and import costs because procurement preferences, reciprocal fees, or trade interventions raise prices across supply chains.
Small businesses and the broader economy risk retaliation and escalated trade tensions if the Act blocks or restricts PRC firms and limits technology transfer, potentially causing supply disruptions and higher costs.
Based on analysis of 4 sections of legislative text.
Commands new reports and briefings on two Chinese shipbuilding conglomerates, designates a U.S. lead to attract allied shipbuilding investment, and creates a State Dept 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 new U.S. actions to strengthen domestic shipbuilding and reduce reliance on Chinese shipyards and inputs. The bill orders targeted changes to a foreign investment law, mandated briefings and repeated reports on two large Chinese shipbuilding conglomerates, creation of a single federal lead for attracting international shipbuilding investment and supply‑chain diversification, and a State Department reorganization creating an Assistant Secretary for Water, Environment, and Space Affairs with explicit oceans and maritime diplomacy responsibilities.