Merchant Marine Act

The Merchant Marine Act, particularly the Jones Act of 1920, is a U.S. law that regulates maritime commerce. It requires that ships transporting goods between U.S. ports be built, owned, and operated by U.S. citizens or residents. This aims to support the domestic shipping industry, promote national security, and ensure jobs for American workers. While it helps maintain a strong U.S. maritime fleet, critics argue it can raise shipping costs and limit competition. Overall, the act plays a significant role in shaping maritime trade and protecting the U.S. economy's interests.