WASHINGTON, United States: President Donald Trump announced Wednesday a rollback of Joe Biden’s fuel-economy standards, arguing it will lower US car prices — but critics warned it would worsen climate change and leave drivers paying more to re-fuel.
Trump was joined in the Oval Office by the CEOs of Ford and Stellantis, as well as a General Motors official to announce the move, signaling buy-in from the “Big Three” automakers.
“My administration is taking historic action to lower costs for American consumers, protect American auto jobs and make buying a car much more affordable,” the president said.
“Today is a victory (for) common sense and affordability,” Ford CEO Jim Farley chipped in.
Environmentalists quickly pushed back, saying the move stood out even among Trump’s many anti-green actions because of its outsized impact on car-dependent America.
