Shipping Thrived After Trump Waived the Jones Act Perhaps it's time to scuttle the law once and for all. When the U.S. launched a war against Iran in February, it sent the prices of goods like fuel and fertilizer skyrocketing. Hoping to remediate the damage, President Donald Trump issued a waiver of Section 27 of the Merchant Marine Act of 1920. Better known as the Jones Act, the statute says carg...