I very clearly also argued that the Jones act's repeal also helps. Why would you invest in something while at the same time actively harming it? America's shipbuilding industry is a husk of its former self and every effort must be made to revitalize it. Subsidies alone would be a half measure.

China does not have its own version of the Jones act, it's a uniquely American problem. Most countries aren't stupid enough to kill their internal industry.