The Jones Act requires that cabotage within the US happen on US-built and US-flagged vessels. Will it be repealed or significantly loosened with respect to this provision by 2028-01-21?
At a minimum, this requires a process by which a non-US-built vessel could transport goods directly between US ports.
I will not trade on this question until there has been time to clarify resolution criteria.
Update 2026-03-18 (PST) (AI summary of creator comment): A waiver alone is not sufficient for YES resolution, as the question requires a change to the law itself. However, a broad 'temporary' waiver that never ends could qualify as a functional repeal even if the law remains on the books.
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@bens actually not sure I really want to trade on this since it'll be rules litigation imminently haha
@bens on the one hand, I don't think the law has been changed at all, and this is not the first time a waiver has happened. The question isn't "will a waiver be issued", so that alone isn't enough for a resolution. On the other hand, I think this is a much broader waiver than previous ones. And if we somehow get a broad "temporary" waiver that never ends, that is a functional repeal even if the law is on the books and the next administration could bring it back. And that sort of approach to changing laws seems more common these days.
Sorry that this seems to be a mess. Suggestions welcome.
Closely related, but I wanted the date to line up: