[Michael R. Bloomberg] US should end Jones Act

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Source: The Korea Herald
Published: 2026-08-10 06:30 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, Business & Economy, Environment & Climate, War & Conflict
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Snippet:
The Iran war has provided at least two clear economic lessons. It has exposed the steep costs of being reliant on fossil fuels, highlighting the need for countries to diversify their homegrown energy sources, including solar and wind power. And it has shown what US commerce could look like freed from the Jones Act, one of the most counterproductive protectionist measures of the last century.
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