Trump Extends Jones Act Waiver by 90 Days to Curb Rising Energy Costs
Waiver allowing foreign vessels to transport oil and fertilizer extended through mid-August as fuel prices become election issue
Auf einen Blick
- President Trump has granted a 90-day extension to the Jones Act shipping waiver, allowing foreign-flagged vessels to transport oil, fuel and fertilizer between U.S. ports through mid-August.
- The extension, announced three weeks before the May 17 expiration, aims to combat rising energy costs linked to the war with Iran.
- The move comes as polling shows Republicans losing ground on economic handling ahead of November's midterm elections.
KI-generierte Zusammenfassung
President Trump has granted a 90-day extension to the Jones Act shipping waiver, allowing foreign-flagged vessels to transport oil, fuel and fertilizer between U.S. ports through mid-August. The extension, announced three weeks before the May 17 expiration, aims to combat rising energy costs linked to the war with Iran. The move comes as polling shows Republicans losing ground on economic handling ahead of November's midterm elections.