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Home›US Markets›Sectors›Trump approves fuel economy rules that roll back Biden…

Trump approves fuel economy rules that roll back Biden EV push

The changes are designed to reverse Biden-era stricter standards tied to accelerating electric vehicle adoption.

CNBC reports that President Donald Trump said he approved new fuel economy standards that reverse the Biden administration's stricter rules.

According to CNBC, the standards are intended to roll back policies aimed at spurring electric vehicle adoption.

CNBC also frames the action as a shift away from Biden-era requirements that were meant to increase pressure toward EVs.

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