Trump Weighs USVI Ship Registry Proposal to Boost Maritime Strength and National Security

The Trump administration is currently reviewing a bold proposal to establish a new international ship registry in the U.S. Virgin Islands—an initiative designed to expand the U.S.-flagged commercial shipping fleet, strengthen national security, and elevate the Virgin Islands as a critical player in global maritime commerce. Spearheaded by the Center for Ocean Policy and Economics (COPE),…

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Trump unleashes 10% global tariffs, with higher reciprocal rates

President Trump announced a baseline 10% tariff on U.S. imports, with steeper reciprocal levies on goods from a slew of other nations, including Europe, Japan and China. Why it matters: Trump’s announcement ends the free-trade era that has defined global commerce for decades — a move that risks higher consumer prices and economic damage. What they’re saying: “This…

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