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Trump extends Jones Act waiver with some limitations, White House official says

Kitco Media
By Reuters
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Updated:
Reuters
Trump extends Jones Act waiver with some limitations, White House official says teaser image

Aug 10 (Reuters) - U.S. President Donald Trump has ​approved an extension ‌of a waiver to the Jones ​Act, but with ​some limitations, a White ⁠House official ​said on Monday.

The ​Jones Act requires cargo moving between U.S. ports ​to be ​carried on ships built ‌in ⁠the U.S., owned by U.S. companies and crewed ​by American ​workers, ⁠and the waiver aims ​to lower ​gas ⁠prices by increasing shipping flexibility and ⁠reducing ​transport ​bottlenecks.

Reporting by Jarrett Renshaw, editing ​by Michelle Nichols

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