I had no idea about this shi. crazy stuff, man...
also, from that thread:
Some carriers have said they'll just move the capacity serving the U.S. to other trade lanes altogether.
Similarly the major ports (LA, Long Beach, Houston, and New York) will be unable to keep up with the flood of extra volumes and are likely to become congested, similar to what we saw during Covid.
the original proposal is a requirement that within 7 years 15% of U.S. exports must travel on a ship that's made in America and crewed by Americans.
The U.S. did not produce any container ships in 2024. And the number we produce in any given year rounds to zero. The reason is that American made container ships of 3,000 TEUs cost the same price as the modern container ships from China of 24,000 TEUs.
One shipyard in China made more commercial ships last year than the total number the U.S. has produced since World War Two.
this shit is crazy man, absolutely crazy. do these people really think the market fixes shit by magic or something?