Summary
President Donald Trump plans to lower U.S. fuel economy standards for new cars, which the White House says will make vehicles cheaper and could save Americans $109 billion. Auto industry leaders praised the move, saying these standards better match current market conditions, while environmental groups criticized it for possibly leading to less fuel-efficient cars. This change is part of a broader effort by Trump to reverse policies from previous Democratic administrations.
Key Facts
- President Trump plans to lower fuel economy standards to make new cars cheaper.
- The White House claims this could save American families up to $109 billion.
- The average price of a new vehicle in the U.S. is now over $50,000.
- Auto industry leaders, including Ford and Stellantis executives, support Trump's plan.
- Critics argue it may lead to less efficient cars that use more gas.
- This is Trump's second rollback of fuel economy standards previously tightened by Democrats.
- President Biden had increased these standards to push for more electric vehicles.
- Trump's administration is reversing several Biden-era policies regarding vehicle regulations.
