The European Commission has issued a warning to US president Donald Trump regarding his suggested plan for a 90 day ban on US diesel exports. Reports this week indicate the president could prevent diesel from reaching the global market. The EU reacted with concern to these plans, which are reportedly set before midterm elections.
The European body stated that such a move would negatively affect both Europe and the United States. Furthermore, the Commission highlighted a specific risk that the proposed export ban could lead to even higher fuel prices across Europe. This warning emphasizes potential widespread economic disruption from the suggested policy change.