Trump nixes talk of a diesel-export ban after Europe taps stockpiles
President Trump has ruled out a ban on diesel exports, a move he floated to reduce domestic prices but which faced doubts about its effectiveness and fears it would backfire.
TL;DR
- President Trump has decided against a ban on diesel exports.
- The ban was considered to lower domestic prices.
- Doubts were raised about the ban's effectiveness.
- Fears existed that the ban could backfire.