President Donald Trump extended a waiver of the Jones Act for 90 days, allowing foreign-flagged ships to transport oil and other commodities between US ports. The waiver continues case-by-case decisions and aims to lower gas, diesel and fertilizer prices by increasing shipping flexibility.
President Donald Trump extended the Jones Act waiver for 90 days, allowing foreign-flagged ships to transport oil and other commodities between US ports. A White House official said the extension was issued on Friday.
The administration issued a blanket waiver in March and extended it in August with decisions made case by case. That stipulation continues under the latest waiver, which the article describes as the longest in the shipping law’s history. The waiver aims to lower gas, diesel and fertilizer prices driven up by the war on Iran by increasing shipping flexibility and reducing transport bottlenecks.
The Jones Act requires cargo moving between US ports to be carried on ships built in the US, owned by US companies and crewed by American workers. Waivers have historically been limited, and the domestic shipbuilding business supports the law.
