Published 13 hours ago • loading... • Updated 9 hours ago
Trump’s Jones Act waiver to expire Sunday unless extended
Industry groups want the White House to extend the waiver, while shipbuilders say 243 days of exemptions failed to cut pump prices.
President Donald Trump faces a Sunday deadline to decide whether to extend temporary Jones Act waivers that allow foreign-flagged ships to haul fuel and farm goods between U.S. ports in an effort to curb rising consumer prices.
Passed by Congress in 1920, the Jones Act generally requires cargo shipped between U.S. ports to travel on domestic vessels; Trump first invoked waiver authority in March, creating the longest continuous suspension at 243 days.
American Maritime Partnership President Jennifer Carpenter urged Trump to let the waiver lapse, citing $2.6 billion in delayed ship production investments and $700 million in deferred dredging orders as evidence of domestic industry harm.
Maritime Administration data shows foreign-flagged vessels logged 311 voyages under initial waivers but only 19 trips after August restrictions took effect, supporting energy groups' argument that stricter rules reduced fuel shipments.
On Monday, AAA reported the national average for regular gasoline stood at $4.01; Carpenter warned that more than 28% of exemptions involved companies tied to China, raising national security concerns for the White House.