EconomyPublished: 6 October 2026 at 05:21

Trump signs order exempting diesel fuel from tax amid price surge

US President Donald Trump has signed an executive order exempting diesel fuel from taxation in response to a sharp rise in fuel prices. The move aims to ease costs for residents and businesses.

US President Donald Trump has signed an executive order removing the tax on diesel fuel. The decision comes amid a rapid increase in fuel prices across the country.

The order is intended to lower diesel prices by eliminating the tax applied to it. Such a step could ease costs for the transportation and agriculture sectors, which rely heavily on diesel fuel, as well as reduce the financial burden on ordinary residents.

Further details about the scope, duration, and budgetary impact of the order are not yet known.

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