Laura Sanicola and Timothy Gardner of Reuters report on the U.S. defense bill which will strengthen the Jones Act.
- The Senate-passed defense bill will make it harder and more expensive to transport fuel and deliver emergency relief.
- The bill makes it harder for non-American ships to obtain a Jones Act waiver and requires a presidential determination that the waiver is needed for national defense.
- The outdated Jones Act has driven up costs, hurt American energy security, and failed to protect America’s shipping industry.
- Lawmakers should modernize or ultimately repeal the Jones Act.
Read the full article here.