Trump to Roll Back Biden-Era Fuel Standards, Estimates Savings of $109 Billion

President Donald Trump will roll back Biden-era fuel standards, saving Americans approximately $109 billion, according to administration officials. The move will reduce car price increases of about $1,000 and mitigate the number of miles a vehicle must travel on a mile of gasoline. Trump will sign an executive order on Dec. 3, joined by representatives from Ford, General Motors, and Stellantis. The rollback reverses Biden's strengthening of fuel economy standards in June 2024.