Trump Expands Access to Tax-Exempt Diesel Fuel
President Donald Trump signed an executive order to expand access to tax-exempt diesel fuel and defer federal excise taxes for the remainder of the year. The move aims to lower high fuel costs driven by ongoing geopolitical conflicts ahead of the upcoming midterm elections.
United States President Donald Trump signed an executive order on Monday morning to expand access to tax-exempt diesel, aiming to curb fuel costs that hit a record $6.50 a gallon last month. The directive arrives ahead of the November 3 midterm elections as control of Congress remains at stake. High transport fuel costs driven by geopolitical conflicts have fueled voter discontent and lowered approval ratings.
