President Trump is ship obsessed. He's texting about rust into the wee hours of the morning, according to John Phelan, his pick to be Navy secretary. And he's sprung the idea of a White House shipbuilding office,

The U.S. plans to levy fees on imports arriving on Chinese-made ships and offer tax credits to resuscitate domestic shipbuilding and reduce China's grip on the $150 billion global ocean shipping industry,

President Donald Trump is preparing measures to try and boost US shipbuilding to counter China’s dominance of the industry, according to a report from the Wall Street Journal.