Trump Rolls Back Biden-Era Fuel Standards, Admin Says It Will Save Americans $109 Billion

New Jeep vehicles sit on a Chrysler Dodge Jeep Ram dealership’s lot in Miami on Oct. 3, 2023. Joe Raedle/Getty ImagesWASHINGTON—President Donald Trump eliminated fuel standard regulations imposed by President Joe Biden with an executive order signed on Dec. 3 in the Oval Office.“We’re officially terminating Joe Biden’s ridiculously burdensome, horribly actually, [fuel economy] standards that imposed expensive restrictions and all sorts of problems,” Trump said.