Trump opens tax-free ‘red’ diesel to all buyers
The executive order allowed anyone to buy tax-exempt diesel normally reserved for farm machinery and other off-road equipment.
US President Donald Trump signed an executive order on Monday that will allow anyone to purchase tax-exempt red-dyed diesel, a fuel typically reserved for off-road equipment. The decision comes amid rising pump prices due to the Iran conflict, which has impacted his Republican party as the midterm elections approach. At a rally in Nebraska, Trump announced the order would officially waive the off-road requirement, permitting tax-free red-dyed diesel purchases for any purpose.
The president admitted to not being familiar with the fuel, jokingly telling the crowd that he didn't know what it was, but that it was supposed to be very good. Red-dyed diesel is essentially the same as standard diesel but is exempt from highway fuel taxes.
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- Trump opens tax-free 'red' diesel to all buyers economictimes.indiatimes.com
- Trump opens tax-free ‘red’ diesel to all buyers freemalaysiatoday.com
- Trump opens tax-free 'red' diesel to all buyers nst.com.my
- Trump moves to cut diesel costs with order on tax-free fuel channelnewsasia.com
