U.S. Government

organization

Last mentioned: 3d ago

Timeline

  1. Waiver Expiration

    The initial 30-day window is set to close unless an extension is granted based on market conditions.

  2. Expected Implementation

    Anticipated start date for foreign vessels to begin domestic fuel transport routes.

  3. Waiver Intent Announced

    Reports emerge that the Trump administration will issue a 30-day waiver to combat fuel prices.

  4. Jones Act Enacted

    The Merchant Marine Act of 1920 is signed into law to protect the U.S. maritime industry.

Stories mentioning U.S. Government 1

Trade Policy Neutral

Trump Administration to Issue 30-Day Jones Act Waiver to Curb Fuel Costs

The Trump administration is preparing a temporary 30-day waiver of the Jones Act to allow foreign-flagged vessels to transport fuel between U.S. ports. This strategic regulatory shift aims to increase domestic supply and mitigate spiraling gasoline and oil prices by bypassing the limited capacity of the U.S.-flagged tanker fleet.

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