Trump weighs Jones Act waiver amid rising fuel prices, White House says
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The Bottom Line
President Trump is considering waiving the Jones Act to lower fuel prices.
AI Summary
The White House stated that former President Trump is considering a waiver for the Jones Act. This action could potentially lower fuel prices, according to experts. The consideration comes as crude oil approaches $100 a barrel due to the Iran war.
What's Being Done
The White House stated that President Trump is considering a waiver for the Jones Act.
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‘We cut down the menu’: Cooking gas crisis hit restaurants in India amid war in Iran
This article is part of a story we're tracking:
Trump's Influence on US Politics and Foreign Policy
Former President Donald Trump continues to exert significant influence on US politics, from taunting foreign leaders and shaping primary elections to making controversial statements on immigration and foreign policy, including his stance on the ongoing Iran conflict.
Trump Administration Actions and Policies
The Trump administration is taking various actions, including restarting the Global Entry program, pushing for college sports legislation, and facing scrutiny over its handling of the Iran conflict and its impact on the State Department.
Trump Administration Policies and Political Maneuvering
The Trump administration is actively engaged in various policy initiatives and political battles. This includes efforts to influence elections, address economic concerns, and navigate internal party dynamics, while also facing scrutiny over actions related to immigration and AI technology.
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
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<a href="https://news.google.com/rss/articles/CBMiiAFBVV95cUxPbFN1XzZsZlMwZ2RXZE5UY3NZTWRfOTg1dmd3N3VkX1R1NEdZV251VTUwZmRZYmhXYnNOMzQ0RnNtYUhCMnk2UUdROUFVcnRLa3p3dV9KZjdxS0RGOWREOXhlQ1RvSnJSMTAtRkdRWUUtRHNpcTF0X1ZEd2tqMmhZc0hUcUllbnFW?oc=5" target="_blank">What to know about the Jones Act as Trump considers a waiver during the Iran war</a> <font color="#6f6f6f">AP News</font>
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President Trump on Friday said he was looking at loosening shipping rules in the Jones Act as a method to lower gas prices that have skyrocketed since the U.S. launched its military offensive in Iran two weeks ago. Fox News host Brian Kilmeade pressed Trump on the issue during an interview on Kilmeade’s eponymous podcast,…
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President Trump is dismissing skyrocketing gas prices as Americans start to feel the economic ripple effects of his war with Iran.
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