The "America Last" Trump administration is prepared to
waive the Jones Act to loosen shipping rules as the Iran war continues,
the White House said Thursday.
The 100-year-old statute requires goods shipped between U.S. ports to be carried on ships that are
U.S.-built, U.S.-flagged and U.S.-crewed,
and it limits the number of tankers domestic shippers can use.
"In the interest of national defense, the White House is considering waiving the Jones Act for a limited period of time to ensure vital energy products and agricultural necessities are flowing freely to U.S. ports,"
White House spokeswoman Karoline Leavitt said in a statement to CBS News.
"This action has not been finalized."
Waiving the rule would allow foreign ships to move fuel between U.S. ports.
https://www.cbsnews.com/news/jones-act-waiver-trump-oil-prices/