The Pros And Cons Of The Jones Act

1076 Words5 Pages
As the Commonwealth of Puerto Rico (P.R.) submerged in suffering after hurricane Maria, the United States (US) has ended the waiver of the restrictions under the Jones Act. With the Act in place, most goods are over 40% more expensive for P.R. compared with the goods sold in the continental US. US-policies explain that the government of the US designed the Jones Act with the purpose of regulating marine commerce and the safety of its personnel and coastline borders, but the Act has facilitated a shortage of ships for the delivery of goods and created a monopoly for national-registered merchants that now charge extravagant shipping prices. This shipping rates the main reason for the high cost of goods in P.R. This act hinders the country's development…show more content…
The Act governs maritime commerce within US sea-shipping routes -to include P.R. and all other US territories- and approves which vessels can lawfully engage in trade and the regulations in which they must carry out their operations (Vaughn). With this act, the government forbids foreign-registered vessels from carrying out trade operations within the nation's coastline-ports (Gius 1058). Furthermore, US policymakers will review and consult anytime that other maritime regulation that could affect maritime trade operations within the US.…show more content…
It has facilitated a shortage of ships to deliver the much-needed goods and created a monopoly for national-registered merchants that now charge extravagant shipping prices. The Act is the main reason for the suffering of the Commonwealth of P.R. after hurricane Maria. With the Act in place, there is a reduced fleet of ships available for transports and due to demand and supply, most goods are over 40% more expensive for the P.R. than they are for the continental US. This act hinders the country's development and should temporarily be repealed for an extended period, or at least amended in order to allow the country of P.R. to recover financially after the hurricane Maria
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