Some of the largest U.S. business groups are warning President Donald Trump against restricting diesel exports, arguing that a ban intended to bring down prices could instead reduce domestic fuel production and push costs even higher for American consumers, farmers and truckers.
The U.S. Chamber of Commerce, Business Roundtable, National Association of Manufacturers, American Petroleum Institute and dozens of other trade groups sent a joint letter to Trump on Wednesday urging the administration to reject proposals to ban or limit U.S. diesel exports.