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Benzinga
Benzinga
Business
Namrata Sen

Trump Extends Jones Act Waiver Again— GasBuddy Analyst Patrick De Haan Says That Could 'Soften the Blow' of Hormuz Chaos

Washington,,January,30,2025:,President,Donald,Trump,Speaks,At

President Donald Trump has extended a waiver that permits foreign-flagged ships to transport commodities between U.S. ports for 90 days.

On Monday, the waiver extension was introduced with new limitations due to concerns from shipbuilders and Congress about the policy’s adverse impact on the domestic maritime industry. The extension, until mid-November, is intended to ensure uninterrupted access to vital resources for the U.S. military and key industries.

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