Trump Extends Jones Act Waiver, Eases Energy Prices

0:00On April 24, President Trump just signed off on a 90-day extension for a key shipping waiver, letting foreign flagships haul oil, fuel, and fertilizer between US ports without hassle. The old one was set to run out on May 17, but now it's good through mid-August. White House spelt's person, Taylor Rogers confirmed the move on Friday, calling it a smart play to steady things up amid spiking energy prices tied to. Tensions with Iran This all ties back to the Jones Act, that old rule demanding US-built and US-crude ships for domestic routes. Shipbuilders and unions love it for protecting jobs and national security, but energy companies and farmers hate how it drives up costs and cramps. Supplied during tough times, critics pushed hard for this waiver, saying it cuts shipping expenses and keeps fuel and goods flowing when US capacity falls short, especially now, with global disruptions hitting hard. With this breather in place, folks hope it dials back those rising prices and keeps the

1:01economy from taking more hits. From the spotlight, powered by AI, this is entertainment and celebrity news today.