President Donald Trump's 'Big Beautiful Bill' earmarks more than $8.6 billion to increase the U.S. Coast Guard icebreaker fleet in the Arctic, where Washington hopes to counter rising Russian and Chinese dominance.The
President Donald Trump's 'Big Beautiful Bill' earmarks more than $8.6 billion to increase the U.S. Coast Guard icebreaker fleet in the Arctic, where Washington hopes to counter rising Russian and Chinese dominance.
President Trump has been pushing to revive U.S. shipbuilding to counter China's growing strength in maritime manufacturing and naval dominance. Earlier this year, he unveiled separate plans to levy fees and tariffs on Chinese ships and port equipment including ship-to-shore cranes to bolster that effort.
As climate change shrinks polar ice packs, Arctic seas are increasingly being considered as trade routes connecting the Pacific and Atlantic Oceans to major economies. China and Russia have been working together to develop Arctic shipping routes and fortify their defenses. The United States, Canada and Finland last year announced a trilateral partnership called the "ICE Pact" to build a fleet of 70 to 90 ice-breaking ships over the coming decade to "project power" into the polar region and enforce international norms and treaties.
Trump has also repeatedly
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