The US Navy’s Hanwha Deal Is Just a Drop in the Ocean
· bloomberg.com · popularity 47/100 · 0 similar stories today · Naval & Maritime Affairs (Military & Maritime)
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Summary
Seoul pledged a year ago to spend $150 billion on revitalizing America’s maritime industry in exchange for a trade pact with President Donald Trump. But with the first shipbuilding contract between South Korea’s Hanwha Group and the US Navy worth a fraction of that sum, it’s Washington’s turn to take …
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