By waiving the Jones Act, Trump admits protectionism hurts Americans
With oil prices spiking due to the Iranian regime’s closing of the Strait of Hormuz, President Donald Trump has waived restrictions on foreign vessels that transport commodities between U.S. ports for the next 60 days.
Why couldn’t he do it before? Because of an antiquated 1920 law called the Jones Act, part of the Merchant Marine Act signed by our worst president, Woodrow Wilson, which mandates that any cargo transported by sea between our ports can only be undertaken by vessels built, owned, and crewed by Americans.
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“This action will allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports........
