President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the
President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy costs linked to the war with Iran.
The move reflects a broader push by the White House to dampen politically sensitive fuel price spikes ahead of November’s midterm elections, where affordability is expected to be a defining issue for voters. Recent polling shows Trump and Republicans losing ground on the economy — once a core political strength — with approval of his economic handling falling sharply and rising gasoline prices weighing heavily on public sentiment.
The decision adds roughly three months to the existing waiver that was set to expire on May 17, enabling foreign-flagged vessels to move commodities between U.S. ports through mid-August.
White House spokeswoman Taylor Rogers confirmed on Friday that Trump had issued the extension.
"This waiver extension provides both certainty and stability for the U.S. and global economies," Rogers said.
The administration is taking the step of extending the waiver three weeks before its expiration to allow ample time for the maritime industry to ensure sufficient vessels are
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