Politico revealed Trump’s plan to reduce diesel prices: Trump will ask the Treasury to revise taxes on diesel fuel in the United States

U.S. President Donald Trump plans on October 5 to announce measures aimed at reducing high fuel prices. This was reported by Politico, citing sources familiar with the plans of the President.

Among the steps that the US leadership will take, the sources called the inspection of some taxes on diesel fuel by the Treasury and obligations for states to increase the availability of tax-free “red diesel”. This type of diesel fuel is used in agriculture, construction and other industries. In addition, the state leadership will be required to abolish some fuel taxes, writes Politico.

According to the publication, Mr. Trump plans to announce the new measures during a campaign trip to Nebraska. Farmers in the state are unhappy with high fuel prices and increased beef imports at the height of the harvest season, Politico said.

Diesel prices in the U.S. and Europe have soared in recent weeks due to damage to refineries in the Middle East and Russia. Donald trump talked about plans to impose restrictions on the export of diesel, but then refused such a measure.