SEOUL (Reuters) -South Korean Finance Minister Koo Yun-cheol said on Thursday that a shipbuilding partnership package dubbed "Make America Shipbuilding Great Again" was key to the agreement on tariffs between the U.

South Korea has pledged US$150 billion to help its shipbuilders enter the US market as part of its new trade deal with Washington, a move that could help America revive its shipbuilding industry and counter China’s dominance in the sector.

South Korea proposed a massive U.S. shipbuilding partnership as Seoul looks to finalize a trade deal with Washington. The post South Korea offers billions to help make US shipbuilding ‘great again’ appeared first on FreightWaves.