🌐 Global Economy
Mar 27, 2026
The Jones Act and the Cost of Shipping Between U.S. Ports (UPDATED)
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The Issue:
Amid the spike in oil prices and the impact on international supply chains sparked by the Iran War, the Trump Administration announced a 60-day waiver of the Jones Act to “mitigate the short-term disruptions to the oil market” and “allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports.” The Jones Act is a century-old law that prevents foreign-built, -owned or -operated vessels from shipping between ports in the United States, limiting competiti
Amid the spike in oil prices and the impact on international supply chains sparked by the Iran War, the Trump Administration announced a 60-day waiver of the Jones Act to “mitigate the short-term disruptions to the oil market” and “allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports.” The Jones Act is a century-old law that prevents foreign-built, -owned or -operated vessels from shipping between ports in the United States, limiting competiti
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