While global economies hold their breath over the potential fallout from US tariffs, Italy’s Fincantieri is positioning itself to benefit from a much more profound shift: the United States push to revive its shipbuilding industry—both civilian and military—a cornerstone of Donald Trump’s industrial policy agenda.

This was evident on Saturday during the inauguration of the new MSC Terminal in Miami—the largest cruise terminal in the world. “The Italian government has supported and facilitated the construction of this infrastructure, born from the collaboration between MSC Cruises and Fincantieri,” explained Prime Minister Giorgia Meloni.