-
Rybakina stuns Swiatek to reach Australian Open semi-finals
-
US ouster of Maduro nightmare scenario for Kim: N. Korean ex-diplomat
-
Svitolina credits mental health break for reaching Melbourne semis
-
Japan's Olympic ice icons inspire new skating generation
-
Safe nowhere: massacre at Mexico football field sows despair
-
North Korea to soon unveil 'next-stage' nuclear plans, Kim says
-
French ex-senator found guilty of drugging lawmaker
-
US Fed set to pause rate cuts as it defies Trump pressure
-
Sleeping with one eye open: Venezuelans reel from US strikes
-
Venezuela's acting president says US unfreezing sanctioned funds
-
KPop Demon Hunters star to open Women's Asian Cup
-
Trump warns of 'bad things' if Republicans lose midterms
-
Russian strikes in Ukraine kill 12, target passenger train
-
With Maduro gone, Venezuelan opposition figure gets back to work
-
Celebrities call for action against US immigration raids
-
Rubio to warn Venezuela leader of Maduro's fate if defiant
-
Denver QB Nix 'predisposed' to ankle injury says coach
-
Lula, Macron push for stronger UN to face Trump 'Board of Peace'
-
Prass stunner helps Hoffenheim go third, Leipzig held at Pauli
-
Swiss Meillard wins final giant slalom before Olympics
-
CERN chief upbeat on funding for new particle collider
-
Trump warns US to end support for Iraq if Maliki returns
-
Judge reopens sexual assault case against goth rocker Marilyn Manson
-
South Korea's ex-first lady to learn verdict in corruption case
-
Rosenior dismisses Chelsea exit for 'untouchable' Palmer
-
Markram powers South Africa to win over West Indies
-
Vladimir Padrino: Venezuela's military power broker
-
Amazon closing Fresh and Go stores in Whole Foods push
-
Koepka nervous about game and fans in PGA Tour return
-
Trump's Iowa trip on economy overshadowed by immigration row
-
Dortmund coach says Inter Milan are improved under Chivu
-
US border chief in Minneapolis as Trump tries to calm crisis
-
What to know about America's colossal winter storm
-
Iran warns against 'instability' after US strike group arrives
-
GM reports quarterly loss but boosts shareholder returns
-
US banks fight crypto's push into Main Street
-
NFL Bills make offensive coordinator Brady new head coach
-
TikTok settles hours before landmark social media addiction trial
-
Newcastle braced for 'ultimate test' against PSG after storm disruption
-
Brook blitz ends Sri Lanka's unbeaten home run, England clinch series
-
LVMH 2025 net profit drops 13% to 10.9 bn euros
-
Philip Glass pulls Kennedy Center premiere after Trump takeover
-
Slot says Liverpool must fix 'very bad cocktail'
-
How to assess microplastics in our bodies? Scientists have a plan
-
US sued over deadly missile strikes on alleged drug boats
-
Trump ally Asfura sworn in as Honduras president
-
US border enforcer set to leave Minneapolis as Trump tries to calm crisis
-
US consumer confidence drops to lowest level since 2014
-
Teens underwhelmed by France's social media ban
-
Trump ally Nasry Asfura sworn in as Honduras president
Trump to scrap Biden's fuel-economy standards
President Donald Trump's administration is set to revoke tougher fuel-economy standards put in place by his predecessor Joe Biden, in a move it says will lower car prices, an official said Wednesday.
Trump will be joined in the Oval Office mid-afternoon by the CEOs of Ford and Stellantis, and a General Motors' official, to announce the rollback -- with the presence of the so-called "Big Three" automakers signaling critical industry buy-in.
"Joe Biden's fuel efficiency regulations would have raised the cost of a new vehicle by $1,000," the White House said on X, adding that Trump's reset would save Americans $109 billion.
The reset concerns Corporate Average Fuel Economy (CAFE) standards, which date back to 1975, when the United States was hit by the Arab oil embargo, and regulate how far vehicles must travel on a gallon of fuel.
The full extent of the move wasn't immediately clear.
But the Trump administration has repeatedly signaled its opposition to efficiency increases enacted under Biden. The latter sought to boost it eight percent annually for model years 2024–2025 and 10 percent annually for model year 2026 -- reaching more than 50 miles per gallon by 2031.
In a proposed rule issued in June, the Trump administration argued that Biden officials had improperly factored in electric and hybrid vehicles when devising those targets, saying the standards would be unattainable for gasoline-powered cars and would effectively force a shift in the market.
Trump has railed against what he calls an EV "mandate." Republicans in Congress have repealed clean-energy tax credits in a major tax and spending bill, and targeted California's ability to set its own vehicle-emission limits.
"As America's largest auto producer, we appreciate President Trump's leadership in aligning fuel economy standards with market realities," Ford CEO Jim Farley said in a statement.
"We can make real progress on carbon emissions and energy efficiency while still giving customers choice and affordability. This is a win for customers and common sense."
But Gina McCarthy, a former senior official under Biden and Barack Obama, said the move would ultimately harm the auto industry by slowing its shift to electric vehicles and worsen climate change.
"If there's one thing you can count on, it's that this administration will never act in the best interest of our health or the environment," she said.
"The rest of the world will continue to innovate and create cleaner cars that people want to buy and drive, while we're forced to sit in our clunkers, paying more for gas, and pumping out more tailpipe emissions."
E.Burkhard--VB