This episode featured a discussion and debate between two of the most knowledgeable guys in the shipbuilding world: industry executive Lance Lemcool and Cato Institute expert Colin Grabow, who talked about their favored approaches to our US shipbuilding dilemmas. Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. In this short clip, Lance explains why he thinks the SHIPS for America Act is the right move to reinvigorate American shipyards and shipbuilding. See the whole episode here: https://youtu.be/aMr53TvqwMU

This episode featured a discussion and debate between two of the most knowledgeable guys in the shipbuilding world: industry executive Lance Lemcool and Cato Institute expert Colin Grabow, who talked about their favored approaches to our US shipbuilding dilemmas. Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. In this short clip, Colin lays out a very basic, simple, and effective proposal for shoring up military shipbuilding by having our Navy actually buy ships. See the whole episode here: https://youtu.be/aMr53TvqwMU

This episode featured a discussion and debate between two of the most knowledgeable guys in the shipbuilding world: industry executive Lance Lemcool and Cato Institute expert Colin Grabow, who talked about their favored approaches to our US shipbuilding dilemmas. Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. In this short clip, Lance explains the dilemma of American shipyards having just a single ship to build at any given time. See the whole episode here: https://youtu.be/aMr53TvqwMU

This episode featured a discussion and debate between two of the most knowledgeable guys in the shipbuilding world: industry executive Lance Lemcool and Cato Institute expert Colin Grabow, who talked about their favored approaches to our US shipbuilding dilemmas. Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. In this short clip, Colin reviews the history of the US as a shipbuilding nation. (Hint: it's not pretty.) See the whole episode here: https://youtu.be/aMr53TvqwMU

This episode featured a discussion and debate between two of the most knowledgeable guys in the shipbuilding world: industry executive Lance Lemcool and Cato Institute expert Colin Grabow, who talked about their favored approaches to our US shipbuilding dilemmas. Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. In this short clip, Lance lays out his case for government support for the shipbuilding industry. See the whole episode here: https://youtu.be/aMr53TvqwMU

I was featured this week on the Canadian podcast "The Secret Life of Inventory." In this short clip, I discuss the kind of manufacturing problem-solving that really counts.

This episode featured a discussion and debate between two of the most knowledgeable guys in the shipbuilding world: industry executive Lance Lemcool and Cato Institute expert Colin Grabow, who talked about their favored approaches to our US shipbuilding dilemmas. Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. In this short clip, we get some introductory comments from each gentleman. See the whole episode here: https://youtu.be/aMr53TvqwMU

The wide range of opinions on the right path forward to revitalize American shipbuilding gave us an idea: how about having a couple previous guests with differing opinions on to debate them? Many thanks to Colin Grabow of the Cato Institute and Lance Lemcool, a career shipbuilding executive, for taking on the challenge! For background on each, tune in to their previous individual episodes with us: Lance - https://youtu.be/DGiAzabXwro Colin - https://youtu.be/hW1Hdlor0II Lance is cautiously optimistic about President Trump's Maritime Action Plan and the SHIPS Act, emphasizing the need for government subsidies to revitalize the industry. Colin is skeptical, noting the U.S. has averaged 0.15% of global shipbuilding output over the past decade, ranking 19th in 2024. Both agree on the historical ineffectiveness of government policies and the need for a robust commercial shipbuilding industry for national security. They debate whether government subsidies or leveraging allied shipyards is the better approach. These guys both really know their stuff, and they represented their differing views with great expertise and exemplary respectfulness. It's nice to see that reasoned debate still exists!

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. He emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. In this short, Dave digs into how China uses trans-shipments through countries with lower or no tariffs to avoid duties on their manufacturing exports to America. See the whole show here: https://youtu.be/v6B3WTTOEy8

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. He emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. In this short, Dave discusses his personal experience with the slow-as-molasses "remedy" of seeking trade justice via the False Claims Act. See the whole show here: https://youtu.be/v6B3WTTOEy8

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. He emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. In this short, Dave chats about how China was leveraging a tariff exemption for small packages worth under $800 to avoid duties on what were actually large shipments of goods, and how the Trump administration closing that loophole last year benefited America. See the whole show here: https://youtu.be/v6B3WTTOEy8

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. He emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. In this short, Dave discusses some of the ways adversarial nations attack our industries, and what policy actions are being taken in response. See the whole show here: https://youtu.be/v6B3WTTOEy8

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. He emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. In this short, Dave explains the changes he drove to make his company more competitive against foreign imports. See the whole show here: https://youtu.be/v6B3WTTOEy8

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. He emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. In this short, Dave dives into the disappointment of seeing tariffs enacted then nullified by trade fraud. See the whole show here: https://youtu.be/v6B3WTTOEy8

David Rashid, an expert on trade cheating, discussed his experiences and the challenges of combating trade fraud. He detailed how his competitor shifted production from China to Thailand to avoid tariffs, leading to a significant loss of business. Despite efforts, including hiring investigators and engaging the DOJ's Trade Fraud Task Force, the case remained unresolved. David emphasized the complexity and slow progress of trade enforcement, highlighting the need for more resources, transparency, and legislative support. He also mentioned the de minimis exemption, which allowed undervaluation, and the non-resident importer loophole, which hindered enforcement. David advocates for better education and advocacy to address these issues. Highlights: 00:00 - David's Background 06:32 - Introduction to Trade Cheating 08:15 - David's Experience with Trade Cheating 11:47 - Legal and Enforcement Efforts 15:36 - Challenges in Enforcing Trade Laws 22:27 - Legislative and Educational Efforts 29:23 - Conclusion and Call to Action This is a critical reality that gets far too little attention. You can learn more at David's website, and by connecting with him firsthand. Those links are here: David's websites: https://trade-fraud-awarenes-u8dl.bolt.host/ http://www.enforcementnow.com/ David on LinkedIn: https://www.linkedin.com/in/david-rashid-b4017a/ David's email: drashid71@gmail.com