The US builds just 100,000 gross tons of ships a year compared to China's 23 million. Meanwhile, the US Navy is retiring more vessels than it builds, "going in the wrong completely wrong direction."
The tape All-In with Chamath, Jason, Sacks & Friedberg · Aug 5
“The United States can build 100,000 gross tons of ships every year. Gross ton is a volumetric measure of ships. So if you build, you know, a 200-foot ship, that's different than an 800-foot ship. But let's compare apples to apples. 100,000 gross tons. The Chinese, which you were referencing, can build 23 million gross tons. So they can outbuild the US 230 to 1.”
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