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3 days ago

Trump waives Jones Act for 60 days in bid to free up the flow of oil to US ports

President Donald Trump has temporarily waived a century-old shipping law to allow oil and other resources to flow to the United States, a White House official told FOX Business on Wednesday.Trump issued a 60-day waiver of the Jones Act, which requires that only U.S. ships carry cargo between U.S. ports and stipulates that at least 75% of the crew members are American citizens. Additionally, it demands these ships are built in the U.S. and owned by U.S. citizens. This is a developing news story; check back for updates.

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3 days ago
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