Trump extends Jones Act waiver for another 90 days
President Trump has extended the Jones Act waiver for another 90 days to help stabilize energy prices amid ongoing disruptions from the war in Iran. The waiver allows foreign vessels to transport goods between U.S. ports, increasing supply chain efficiency and lowering shipping costs. While the administration claims the move supports economic stability, critics argue it harms the domestic maritime industry without significantly reducing consumer fuel prices.
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MoneyWatch Trump extends Jones Act waiver for another 90 days .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo Updated on: April 29, 2026 / 8:10 PM EDT / CBS News Add CBS News on Google President Trump is extending a waiver of the Jones Act for another 90 days in a bid to lower fuel prices as the war in Iran stretches into its second month, White House press secretary Taylor Rogers said in a statement on X on Friday.
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