Biden signs new shipping law

WASHINGTON (AP) — The U.S. President Joe Biden signed legislation Thursday to reduce

the cost of transporting products across seas, which the White House 

claims would help slash store prices, which have remained high since the 

onset of the coronavirus pandemic and contributed to record inflation.

The Ocean Shipping Reform Act was overwhelmingly approved by 

voice vote in the Senate and had bipartisan support in the House.

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