Jones Act waiver extension on the table as Iran tensions threaten US fuel prices - report
The White House is weighing another extension of waivers allowing foreign ships to transport goods between US ports as renewed conflict with Iran raises concerns about energy prices and supply disruptions, two sources familiar with the discussions told Reuters.
The Trump administration is considering whether to extend the waivers with geographic restrictions, limiting where foreign-flagged vessels can transport goods between US ports, as officials seek to preserve a tool they say has helped ease supply pressures while addressing criticism from maritime industry groups and Republican allies.
The White House, along with the Energy, Transportation and Interior departments, met earlier this week to weigh options ahead of a potential decision before the end of July, Reuters reports.
A White House official said no decision has been made on whether to issue a third waiver extension, noting the current waiver does not expire until August 16.
"President Trump's decisive action to waive the Jones Act has helped prevent supply chain shortages across the country. The Administration is regularly monitoring how the waiver is being used," the official said.
The Trump administration is considering whether to extend the waivers with geographic restrictions, limiting where foreign-flagged vessels can transport goods between US ports, as officials seek to preserve a tool they say has helped ease supply pressures while addressing criticism from maritime industry groups and Republican allies.
The White House, along with the Energy, Transportation and Interior departments, met earlier this week to weigh options ahead of a potential decision before the end of July, Reuters reports.
A White House official said no decision has been made on whether to issue a third waiver extension, noting the current waiver does not expire until August 16.
"President Trump's decisive action to waive the Jones Act has helped prevent supply chain shortages across the country. The Administration is regularly monitoring how the waiver is being used," the official said.
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