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South Korea Offers Major Shipbuilding Plan to U.S. During Tariff Negotiations
The Business Guardian
|July 30, 2025
South Korea has reportedly pitched a multi-billion-dollar initiative called Make American Shipbuilding Great Again (MASGA) to the United States, as Seoul aims to secure more favorable terms in the ongoing tariff negotiations with Washington, as reported by The Korea Herald.
The proposal was reportedly presented by Korea's Trade, Industry and Energy Minister Kim Jung-kwan during high-level discussions with U.S. Commerce Secretary Howard Lutnick in New York last Friday. Unnamed sources told
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