White House / President·Economy
Trump extends Jones Act waiver another 90 days to hold down fuel prices
President Trump issued a 90-day extension of the Jones Act waiver on Friday, two days before it was set to expire, continuing to let foreign ships carry goods between U.S. ports, the Washington Examiner reported. A White House official said about 90 million more barrels of products, including 27 million barrels of gasoline, have moved between U.S. ports since the waiver began in March, and AAA put the national average at $3.87 a gallon for gas and $6.06 for diesel. The American Maritime Partnership called for "a prompt end to the waiver."
Sources
- Washington ExaminerTrump extends the Jones Act waiver for 90 days in an effort to curb fuel prices