
Trump Signs Order to Ease Limits on Dyed Diesel
Description: President Donald Trump signed an executive order to ease restrictions on the use of a tax-exempt variety of diesel. #trump #politics #usa #news #gas #economy #money
Trump's plan would allow more widespread use of red or dyed diesel, which is exempt from the federal excise tax, for on-road vehicles without penalties.
The president said the order would have far-reaching effects, calling it an "unprecedented step to bring down costs" and claiming it would drive down the cost of all goods, including grocery prices.
Read more: https://www.bloomberg.com/news/articles/2026-10-06/trump-signs-order-to-ease-limits-on-diesel-variety-to-curb-costs
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Trump's plan would allow more widespread use of red or dyed diesel, which is exempt from the federal excise tax, for on-road vehicles without penalties.
The president said the order would have far-reaching effects, calling it an "unprecedented step to bring down costs" and claiming it would drive down the cost of all goods, including grocery prices.
Read more: https://www.bloomberg.com/news/articles/2026-10-06/trump-signs-order-to-ease-limits-on-diesel-variety-to-curb-costs
----------
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
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