Trump widens tax-free diesel access

President Donald Trump signed an executive order allowing broader access to tax-free red dye diesel, mainly used for agriculture and off-road vehicles, to defer federal excise taxes until the end of the year. The move aims to lower fuel costs for truckers and farmers, with Trump claiming it could save individuals and reduce overall goods prices. Experts, however, suggested that the impact on prices would be limited, as supply rather than taxes primarily influences fuel costs.

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