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This law is killing US jobs AND harming national security

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It’s hard to find a better example of a failed trade law than the Jones Act — which has now slashed US cargo-ship production to just a few vessels a year, while China’s building more than 4,000.

President Donald Trump and Congress need to prioritize a repeal of this 100-year-old protectionist legislation ASAP.

The law was supposed to boost the US merchant-marine industry by requiring that all shipping between US points use American-made, -owned, -crewed and -flagged vessels.

But sky-high US manufacturing costs, which are passed on to shippers and ultimately consumers, made other alternatives — e.g., imports, land-based transportation — far more economical.

The perverse result: Demand for US ships has plummeted, even as building costs soared.

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