Jones Act domestic shipping requirements removed by June 30?
Bulls Say, Bears Say
Bulls Say
Jones Act waivers have been granted historically (e.g., post-Hurricane Maria), establishing a precedent for removal
At 8.5%, any credible legislative or executive action to waive/repeal would produce significant upside gains
Ongoing trade reform discussions under Trump administration create an unusual window for deregulatory action
Bears Say
Price dropped 2.5¢ in 24h and 4.5¢ in a week — strong bearish momentum heading into the deadline
The Jones Act has survived repeal attempts for over 100 years; domestic shipping industry lobbying is extremely powerful
With only 66 days remaining until June 30, legislative action would need to move at unprecedented speed
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Market Description
This market tracks whether the Jones Act, which requires U.S. domestic cargo to be shipped on American-built and American-crewed vessels, will be repealed or waived by June 30, 2026. Currently at 8.5%…