Trump Moves to Lower Diesel Prices as Fuel Costs Hit Records
President Donald Trump is preparing an executive order aimed at lowering diesel prices by expanding access to tax-exempt fuel as record-high costs put pressure on American farmers, truckers and consumers ahead of the November midterm elections.
According to a report by Politico, the Trump administration is taking action to address surging diesel prices as the cost of the fuel continues to create economic and political pressure.
Trump Considers Expanding Access to Tax-Exempt Diesel
One of the measures under consideration would expand the use of tax-exempt diesel, commonly known as red-dyed diesel.
Red-dyed diesel is generally exempt from the federal diesel excise tax and is primarily used for off-road purposes, including agricultural equipment and certain industrial operations. ...



















