
Trump Extends Jones Act Waiver for 90 Days
About this episode
President Trump extends key shipping waiver to combat rising energy costs, allowing foreign-flagged vessels to transport oil, fuel, and fertilizer between U.S. ports for three more months. This move aims to stabilize both U.S. and global markets amid ongoing tensions and volatile prices.
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US News Today | 2 Min News | The Daily News Now! — Trump Extends Jones Act Waiver for 90 Days. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 24, President Trump just extended a key shipping waiver by 90 days to help slash rising energy costs across the U.S. tie to the ongoing war with Iran. This move adds three months to the current waiver, pushing its end date from May 17th out to mid-August, letting foreign flagships haul, oil, fuel, and fertilizer between American ports. The Jones Act normally demands U.S. built and crude vessels for these routes, sparking debates for years, shipbuilders and unions push it for national, security and jobs, while energy firms and farmers blast it for jacking up prices and bottlenecking supply. White House spokeswoman Taylor Rogers confirmed the extension, Friday, stressing it brings much-needed stability to both U.S. and global markets amid. These disruptions, as tensions simmer and prices stay volatile, this temporary fix keeps goods flowing cheaper for now, balancing security needs with everyday economic, relief,
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