1 Day
Source:
The Fiscal Times
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Trump prolongs Jones Act waiver for foreign vessels
President Donald Trump extended a 90-day waiver allowing foreign ships to transport essential goods, including oil, fertilizers, and fossil fuels among U.S. ports. The extension, effective August 17, aims to address ongoing price pressures related to the Strait of Hormuz's closure due to war. The waiver, which now involves Pentagon consultation, is intended to ensure continued access to critical resources for the military and key industries.
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