The White House will announce new fuel economy standards on Wednesday, according to administration sources.

The White House will announce new fuel economy standards on Wednesday, according to administration sources.

President Donald Trump on Wednesday is expected to announce plans to lower fuel economy standards imposed by the Biden administration.

Signed into law in 1975, the Corporate Average Fuel Economy (CAFE) standards regulate how far vehicles must travel on a gallon of fuel.

Carmakers hailed the change as a victory for "common sense", while environmental groups criticised the plan.

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…