Costly Impact
▪ According to the Congressional Research Service, the purchase price for U.S.-built tankers is about four times the price of foreign-built tankers.
▪ According to the World Economic Forum, the ban on letting foreign ships trans-ship cargo between U.S. ports costs the U.S. economy $200 million per year.
▪ According to the Federal Reserve Bank of New York, shipping a 20-foot container of household and commercial goods from the East Coast to Puerto Rico on a Jones Act ship costs twice as much as shipping the same goods to the nearby Dominican Republic.
More here... http://www.heritage.org/research/factsheets/2014/12/the-jones-acts-costl...