White House set to extend Jones Act waiver as Trump hunts for cheaper gasoline

Illustrative: Gas prices are displayed at a Mobil gas station July 28, 2026, in Miami Gardens, Florida. (AP Photo/Marta Lavandier)
Illustrative: Gas prices are displayed at a Mobil gas station July 28, 2026, in Miami Gardens, Florida. (AP Photo/Marta Lavandier)

The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices.

The Jones Act requires cargo moving between US ports to be carried on ships built in the US, owned by US companies and crewed by American workers, and the waiver aims to lower gas prices by increasing shipping flexibility and reducing transport bottlenecks.

The current waiver is set to expire on August 16 and has already become the longest suspension of the Jones Act rules in the program’s history. The exemption has been used nearly 200 times over four and a half months through the end of July, according to US government data.

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