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President Trump Takes Decisive Action to Lower Diesel Costs for American Truckers, Farmers

Tonight, President Donald J.

PN
PULSE News Network
Source: This report is based on an official public release from White House. PULSE organizes and summarizes public government communications. Read the original release →

Trumpsignedan Executive Order to immediately cut diesel costs for the truckers and farmers who keep America moving.The order temporarily opens highway use of tax-free dyed diesel, deferring the federal diesel tax on that fuel through the end of the year — no interest, no penalties.

With elevated diesel prices and tightened global supply driven by the Russia-Ukraine war and a lack of refining capacity around the world, this is President Trump’s affordability agenda in action.

The federal diesel tax is24.4 cents per gallon, or about $60 on a 250-gallon fill.

Where states match this federal action, savings will top $100 per fill — a real difference for the hardworking Americans who haul the freight and grow the food.

Click here to view the White House fact sheet.

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