Here's what to know about the Jones Act, a century-old shipping law Trump is waiving to shield Americans from surging oil prices

Here's what to know about the Jones Act, a century-old shipping law Trump is waiving to shield Americans from surging oil prices

The Trump administration's move to waive the Jones Act for 60 days is meant to dull the impact of Iran-war disruptions. Here's how that works.

US President Donald Trump wants to blunt the impact of disruptions stemming from the Iran war by temporarily lifting a century-old shipping law. So what is the Jones Act, and how might waiving it h… [+2866 chars]