SP
BravenNow
What to know about the Jones Act as Trump considers a waiver during the Iran war
| USA | economy | ✓ Verified - abcnews.com

What to know about the Jones Act as Trump considers a waiver during the Iran war

📖 Full Retelling

As the U.S. and Israel’s war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it might suspend maritime shipping requirements under a more than century-old law known as the Jones Act

Entity Intersection Graph

No entity connections available yet for this article.

}
Original Source
What to know about the Jones Act as Trump considers a waiver during the Iran war As the U.S. and Israel’s war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it might suspend maritime shipping requirements under a more than century-old law known as the Jones Act By WYATTE GRANTHAM-PHILIPS AP business writer March 13, 2026, 5:04 PM NEW YORK -- As the U.S. and Israel's war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it might suspend maritime shipping requirements under a more than century-old law known as the Jones Act. The Jones Act requires that goods hauled between U.S. ports be moved on U.S.-flagged vessels. Passed in 1920, this law aims to protect the American shipping sector — but it's also faced criticism over the years for slowing the delivery of goods, including critical aid during time of crisis . And it’s often blamed for making gas, in particular, more expensive. The White House confirmed that it was looking into waiving Jones Act requirements this week, in a temporary measure that would arrive amid wider efforts to counter steep oil prices and cargo disruptions due to the war. Here's what we know. The Jones Act's official name is the Merchant Marine Act of 1920. Congress passed the law — sponsored Sen. Wesley Jones of Washington state — in an effort to rebuild U.S. shipping after German U-boats decimated America’s merchant flee during World War I. Among other things, the Jones Act mandates that ships carrying cargo and passengers between U.S. ports must be built in the United States and owned by Americans — effectively prohibiting foreign-flagged ships from this domestic trade. The vessels are also required to carry U.S. crews. The law can be waived in the “interest of national defense,” the U.S. Maritime Administration notes, either through the Homeland Security or Defense Department. The Jones Act also was intended to ensure that the U...
Read full article at source

Source

abcnews.com

More from USA

News from Other Countries

🇬🇧 United Kingdom

🇺🇦 Ukraine