"Gas Prices Relief: Trump Administration Waives Jones Act for 90 Days Amid Rising Fuel Costs" In a move aimed at alleviating the financial burden on American consumers, the Trump administration has announced a 90-day waiver of the Jones Act, a century-old maritime law that mandates the use of domestic shipping vessels for travel between U.S. ports. The decision, made in response to soaring gasoline and fuel prices, will allow foreign ships to transport goods and fuel between U.S. ports, potentially reducing costs and easing the strain on the nation's economy. Critics have long argued that the Jones Act is outdated and hinders competition, while proponents claim it protects American jobs and the domestic shipping industry. With the waiver set to last for three months, the administration is hoping to provide temporary relief to consumers struggling with the rising cost of living.
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,...
