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 400,000 jobs and put “the entire US fleet in jeopardy”. Expect this row to run and run.