Trump Administration to Target US Cruise Lines. #news #trump #cruisenews

Will cruising become unaffordable due to the Trump Administration? Cruise lines find themselves in the crosshairs of the Trump administration. U.S. Secretary of Commerce Howard Lutnick said in a Fox News interview Wednesday that cruise operators will pay more in taxes under the Trump administration. It's highly unlikely this will happen because cruise lines will have to pay additional taxes due to section 883 of the US tax code and the Merchant Marine Act of 1920, also known as the Jones Act, which requires that ships operating between two U.S. ports must be built in the U.S. and owned by a U.S. citizen. #MemeCut #Meme #news #cruise #cruisetok #cruiseship #cruisenews #trump #trumpnews #maga #fafo