; (2) by redesignating paragraph (8) as paragraph (9); (3) by striking the second paragraph (7) (relating to the definition of United States foreign trade ); and (4) by inserting after the first paragraph (7) the following: (8) United States foreign trade The term United States foreign trade includes those areas in domestic trade in which a vessel built with a construction-differential subsidy is allowed to operate under the first sentence of section 506 of the Merchant Marine Act, 1936. . (r) Section 54101(f) of title 46, United States Code, is amended by striking paragraph (2) and inserting the following: (2) Minimum standards for payment or reimbursement Each application submitted under paragraph (1) shall include a comprehensive description of— (A) the need for the project; (B) the methodology for implementing the project