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Trump Waiver Opens US Ports to Foreign Fuel Tankers to Ease Inflation

Bloomberg Markets •
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At least two foreign-flagged fuel tankers have tentatively secured bookings to transport cargo between U.S. ports, marking the first such sailings in years following President Trump's temporary waiver of a century-old maritime shipping mandate aimed at curbing energy inflation. This unprecedented move signals a significant shift in U.S. energy logistics policy, potentially easing supply bottlenecks and reducing fuel costs for consumers. The waiver targets the Jones Act, which historically required vessels operating between U.S. ports to be built, owned, and crewed by Americans, a rule often cited as driving up domestic shipping expenses.

By temporarily suspending this requirement, the administration seeks to leverage global shipping capacity to stabilize domestic fuel markets amid persistent inflationary pressures.