An executive order allowing red-dyed diesel on public roads defers the 24.4-cent federal excise tax through December, but economists say the measure will not lower pump prices and may raise costs for farmers and construction firms.
Trump's Red-Dyed Diesel Order Defers 24-Cent Federal Tax but Economists Warn of Higher Farm Costs
An executive order allowing red-dyed diesel on public roads defers the 24.4-cent federal excise tax through December, but economists say the measure will not lower pump prices and may raise costs for farmers and construction firms.
This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.
Monitoring item. The full text is not distributed. Extract and source below.
Same event, other desks
Story file →
uk
Дефіцит торгівлі США сягнув $105,6 млрд попри мита Трампа
07.10 20:00