Bangladesh, Aug. 14 -- President Donald Trump has launched a major initiative to revive the United States struggling shipbuilding sector, signing a presidential memorandum that seeks to expand naval construction capacity, modernize the maritime industrial base, and strengthen the countrys ability to compete with global shipbuilding powers.

The memorandum, titled “Rebuilding the United States Navy and Americas Shipbuilding Industrial Base,” outlines a comprehensive strategy designed to address decades of declining shipbuilding capacity, rising construction costs, delayed naval programs, and growing concerns over Americas maritime readiness. The directive represents one of the most ambitious efforts in recent years to rebuild b...