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Axios

What the Jones Act does and how a Trump suspension could affect fuel prices

What the Jones Act does and how a Trump suspension could affect fuel prices

The Trump administration might suspend requirements that only U.S. ships can carry cargo between domestic ports as officials look to temper rising gasoline prices. Why it matters: Possible waivers of the 1920 law, the Jones Act, show how the Trump administration is scrambling to ease the fuel price shock from the Iran war. Officials are considering a 30-day waiver, Bloomberg reported. Context: T

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