Trump grants ninety day Jones Act waiver extension
President Trump extended a shipping waiver today to help lower fuel and fertilizer costs during the conflict with Iran. The move allows foreign vessels to move goods between domestic ports through mid-August.
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President Donald Trump has granted a 90-day extension to a critical shipping waiver, a move designed to mitigate rising energy costs and stabilize the movement of essential commodities. The decision extends an existing waiver of the Jones Act, which was originally scheduled to expire on May 17, allowing foreign-flagged vessels to continue transporting oil, fuel, and fertilizer between ports in the United States through mid-August.
