What to Know About Trumps Waiver of Shipping Rules to Ease Gas Price Pressures

Rising global energy prices triggered by the Iran conflict have led President Donald Trump to waive a century-old U.S. maritime law governing the movement of goods between American ports.The Jones Act includes several provisions, but its core requirement is that all goods transported by water between U.S. ports must travel on vessels built in the United States, flagged in the United States, owned by American companies, and crewed by U.S. citizens or permanent residents.