Trump administration to announce new fuel economy standards Wednesday, sources say

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The Trump administration is set to announce new fuel economy standards, following lobbying from the American Petroleum Institute to repeal the existing standards set by the Biden administration.

Market Impact

Market impact analysis based on bearish sentiment with 60% confidence.

Sentiment
Bearish
AI Confidence
60%

Article Context

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The oil industry group the American Petroleum Institute has lobbied the Trump administration to repeal the Biden fuel economy standards.

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Original article published by CNBC on December 3, 2025.
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