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Trump’s red-dyed diesel order sounds like a tax cut. Economists say it’s a 24-cent IOU that could raise prices for farmers

https://fortune.com/2026/10/07/red-dyed-diesel-trump-executive-order-fuel-prices-farmers-truckers/
The executive order only defers a 24.4-cent federal tax on $6.20-a-gallon diesel, and it adds no new supply…

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