WASHINGTON: President Donald Trump’s administration said Friday (Apr 24) that he has issued a 90-day extension to a shipping waiver, helping with the movement of oil and fertilizers around the United States amid supply disruptions from the war on Iran.
An existing waiver, which temporarily allowed foreign flagged vessels to transport cargo between US ports, was due to expire by May 17. The latest move brings this end date to mid-August.
“New data compiled since the initial waiver was issued revealed that significantly more supply was able to reach US ports faster,” said Taylor Rogers, a White House spokeswoman.
“This extension will help ensure vital energy products, industrial materials, and agricultural necessities are maintained,” she added in a statement.
She said Trump has issued a 90-day extension.
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