Trump extends Jones Act waiver, with limits, in bid to tamp down energy prices
AI Summary
The Trump administration has extended a 90-day waiver of the Jones Act to help reduce fuel prices in the U.S. This exemption allows non-American ships to operate between U.S. ports, easing shipping constraints under the century-old law.
The Trump administration is once again waiving U.S. shipping rules as part of an effort to keep gasoline and other fuel costs down, the White House said Monday. In particular, it issued another 90-day waiver of the Jones Act, a 100-year-old law that requires shipping between U.S. ports to be conducted by American ships. “Today,…