Trump Administration Extends Jones Act Waiver for Another 90 Days
Last month, the Trump administration issued a 60-day waiver of the Jones Act in order to make it easier to move petroleum and fertilizer products between U.S. ports. Availability of foreign tanker tonnage in a tight market was an initial limitation, and uptake was low at first, but in recent weeks about 40 foreign-flagged vessels have moved products in U.S. coastwise trade. Now, the administration has notified Congress that it plans to extend the waiver for another 90 days. It...
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