📰 Curated from Axios
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Trump backs ban on diesel exports - Axios
Business and EconomyBy Josephine Walker9/22/20261 min read
Economists say the move could benefit America in the short term but would likely raise prices globally.
✨ Key Highlights
- President Trump voiced support for a ban on diesel exports during a press briefing held alongside Ukrainian President Volodymyr Zelensky.
- When asked whether he backed a diesel ban endorsed by other Republicans, Trump indicated he had called for the same measure.
- Economists suggest the policy could offer short-term benefits to the United States, potentially by keeping more supply available domestically.
- The same experts caution that restricting diesel exports would likely drive up prices in global markets.
- The proposal has drawn backing from other Republicans, aligning Trump with members of his party on the issue.
Zoom in: When asked during a press briefing alongside Ukrainian President Volodymyr Zelensky if he supported a diesel ban endorsed by other Republicans, Trump said that he had called for that too.
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