AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.
The US Navy's Hanwha Deal Is Just a Drop in the Ocean
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 the lead to ensure that promise is fulfilled.