Market Chatter: Trump Extends US Jones Act Shipping Waiver With New Limits

MT Newswires Live
08/11

President Donald Trump has extended a Jones Act waiver letting foreign ships transport commodities between US ports for 90 more days, but he also narrowed the scope of relief from the law, Bloomberg reported Monday, citing a White House official.

The new limits, which were finalized Monday along with the extension, require case-by-case reviews of individual voyages, the report said, citing the official.

The White House didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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