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,

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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.The administration is planning 18 actions from raising revenue through fees on Chinese-built ships and cranes entering the US,

The president told lawmakers on Tuesday that he plans to establish a new shipbuilding office to bring ship production back to the U.S.

A draft order includes measures such as raising revenue from Chinese ships and tax credits and grants for shipyards.

The Wall Street Journal reported that the Trump administration is aiming to cut Chinese dominance of the global maritime industry.

President Trump wants to establish a shipbuilding office and introduce new tax incentives to revitalize the shipbuilding sector.

The U.S. is set to impose fees on Chinese-made ships entering its ports and introduce tax incentives to revive domestic shipbuilding, aiming to curb Chinas influence over the $150 billion global shipping industry.