Amends the Merchant Marine Act, 1936 and certain military cargo preference laws to: (1) provide that specified cargo shall be carried by U.S. flag vessels only if their rates are competitive with those of their foreign-flag counterparts; and (2) authorize the President to waive such requirement only for reasons of national security.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S6586-6587)
Read twice and referred to the Committee on Commerce.
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