White House considers loosening shipping rule in bid to lower fuel prices

Source: The Hill News · Bias: Center

Summary

The Trump administration is considering loosening shipping rules in an effort to lower fuel prices, which have surged as a result of the war in Iran. In particular, the administration is considering issuing a temporary waiver of the Jones Act, a 100-year-old law that requires shipping between U.S. ports to be done by U.S.-flagged ships. “In…

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White House considers loosening shipping rule in bid to lower fuel prices
The Hill News

White House considers loosening shipping rule in bid to lower fuel prices

Center

The Trump administration is considering loosening shipping rules in an effort to lower fuel prices, which have surged as a result of the war in Iran. In particular, the administration is considering issuing a temporary waiver of the Jones Act, a 100-year-old law that requires shipping between U.S. ports to be done by U.S.-flagged ships. “In…