The Jones Act, a key component of the 1920 Merchant Marine Act, mandates that cargo between U.S. ports be carried by U.S.-built, owned ships with 75% American crew. While intended for national security, it’s seen as a barrier by critics, limiting U.S. shipbuilding by excluding foreign competition. In April 2023, President Trump signed an order for a Maritime Action Plan to address these constraints and China’s competitive practices in the industry. This move aims to revitalize the struggling U.S. shipbuilding sector.
Tags #Media, #Politics, #WhiteHouse
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