Trump Announces CMA CGM's $20 Billion U.S. Investment

Reported 2 days ago

President Trump praised French shipping company CMA CGM for its decision to invest $20 billion in the U.S., aiming to enhance shipping logistics and build terminals, which is expected to create 10,000 jobs. The investment will include an expansion of container ports and the establishment of an air cargo hub in Chicago. The initiative aligns with Trump's plans to bolster domestic shipbuilding and address the concerns surrounding U.S. vessel capacity compared to China.

Source: YAHOO

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