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US Orders Insurance for Gulf Shipping — Will Taxpayers Pay?
Digital Asset News· 2026-03-06 10:07
Donald J. Trump effective immediately aboard the United States Development Finance Corporation DFC to provide at a very reasonable price political risk insurance and guarantees about financial security of all maritime trade especially energy traveling through the Gulf. This will be available to all shipping lines.I got to tell you mixed feelings in this one because I mean who's paying for this if a ship gets sunk. Is it some mythical person or a business. No, it's probably the taxpayer.They're going to be p ...