John McCain earns the wrath of US shipbuilding industry

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The Jones Act – which requires all cargo carried between US ports to be shipped by US vessels, owned and operated by Americans – always seems to make feelings run high in the US, and it is currently very much in the spotlight. Senator John McCain has promised to try to repeal it in a bidt to reduce costs for consumers. The US shipbuilding industry, meanwhile, and the Democrats, are vigorously opposed to its repeal, arguing that it would threaten ...