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Trump backs ban on diesel exports

Trump backs ban on diesel exports

Summary

President Donald Trump said he supports a ban on U.S. diesel exports during a press meeting with Ukrainian President Volodymyr Zelensky. This is a change for his administration, which had not supported limiting fuel exports before.

Key Facts

  • President Trump called for a ban on U.S. diesel exports.
  • The announcement came during a press interview with Ukraine's President Zelensky.
  • This is a shift from the Trump administration's previous position against restricting fuel exports.
  • Diesel prices in the U.S. are very high, affecting farmers and truck drivers.
  • Some Republicans hope this policy will help before the upcoming midterm elections.
  • Economists say the ban might help the U.S. in the short term.
  • Experts warn the ban could raise diesel prices worldwide and in the U.S.
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