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Saturday, 14 November 2026 IST

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Trump gives shipping waiver another 90-day lease

President Trump has granted a 90-day extension for energy companies to move goods using foreign ships. This extension aims to support domestic fuel prices amid ongoing concerns about…

Trump gives shipping waiver another 90-day lease
Trump gives shipping waiver another 90-day lease — image via Economic Times — Credit: Economic Times

Attributed summary

President Trump has granted a 90-day extension for energy companies to move goods using foreign ships. This extension aims to support domestic fuel prices amid ongoing concerns about elevated energy costs. The decision comes shortly before the previously approved waiver was set to expire. Critics argue that this waiver undermines American shipbuilding, while producers emphasize its importance for transporting products efficiently.

Read the original report — Economic Times

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