Difference between revisions of "Construction Differential Subsidy"
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| − | The '''Construction Differential Subsidy''' was a program whereby the [[United States]] government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non-U.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.<ref> | + | The '''Construction Differential Subsidy''' was a program whereby the [[United States]] government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non-U.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.<ref>[http://www.marad.dot.gov/publications/glossary/glossary.html U.S. Department of Transportation Maritime Administration]</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:Shipping Terms]] | [[Category:Shipping Terms]] | ||
Latest revision as of 06:50, July 13, 2016
The Construction Differential Subsidy was a program whereby the United States government attempted to offset the higher shipbuilding cost in the U.S. by paying up to 50% of the difference between cost of U.S. and non-U.S. construction. The difference went to the U.S. shipyard. It is unfunded since 1982.[1]