Trump temporarily waives maritime shipping law to ease energy costs
- Posted on March 18, 2026
- By Business News Today
- 4 Views
Trump temporarily waives maritime shipping law to ease energy costs
President Donald Trump has temporarily waived a century-old shipping law. This move aims to ease surging energy costs following US-Israeli strikes on Iran. The waiver allows foreign ships to transport cargo between US ports for sixty days. This action is expected to help vital resources like oil and natural gas flow freely. The administration is committed to strengthening supply chains.