Trump Waives US Shipping Law to Mitigate Rising Fuel Prices
Energy costs for ships have increased substantially since the start of the conflict.
The container ships Ever Gentle, MSC Kayley, Traigfuen, and Zeus Lumos, all registered under the flag of Liberia, are pictured moored in Felixstowe on the East coast of England, on March 12, 2026. Ben Stansall/AFP via Getty Images
President Donald Trump granted a 60‑day Jones Act waiver to lower shipping costs and support fuel supply flows, the White House said on March 18.
The waiver allows foreign-flagged vessels to transport goods between U.S. ports. The suspension will apply to commodities, including coal, crude oil, fertilizer, natural gas, and refined fuel.
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
