Industry coalitions representing American business, energy, and manufacturing sectors have united in opposition to proposed restrictions on diesel exports, warning such measures could undermine economic stability. In a joint letter, the groups cautioned that a ban or limitations on diesel exports would disrupt supply chains and fail to address the core drivers of fuel price increases. The plea comes as the president considers the policy as part of broader efforts to ease rising costs for consumers. Critics argue the move risks harming domestic production and global trade relationships without delivering meaningful relief at the pump.
American business, energy and manufacturing groups on Wednesday urged President Trump to reject calls to impose a diesel export ban after the president said he was weighing this move in an effort to bring down rising fuel costs. Over 30 groups urged the president in a letter to “reject calls to ban or otherwise limit...