The Herbert A. Stiefel Center for Trade Policy Studies at the @CatoInstitute | #CatoTrade & #EndTheJonesAct
Oct 21, 2022 • 7 tweets • 5 min read
Given the recent public attention @CatoInstitute's criticism of the Jones Act has received, it's worth quickly reviewing why we believe such criticism is warranted, @cpgrabow writes: cato.org/blog/why-cato-…
#EndTheJonesAct (🧵THREAD)
1) The Jones Act has failed to produce a healthy U.S. maritime industry. Over the last four decades, the number of JA‐compliant oceangoing cargo ships has more than halved.
2) It has undermined shipbuilding competitiveness.