Trump says diesel executive order is "unprecedented step to bring down costs"

During a midterm campaign rally in Grand Island, Nebraska, on Monday, President Donald Trump signed an executive order that he said would lower diesel prices by allowing any buyer to obtain red-dye diesel free of excise taxes. The event was part of a 32-day rally schedule before the Nov. 3 midterms, and Trump appeared with Republican Sen. Pete Ricketts, who is running against an independent backed by national Democrats. The move came amid pressure to address rising prices before the elections. Trump said the order would save a typical trucker more than $100 per fill-up and help reduce prices for other goods, including groceries. Diesel costs have risen amid the war with Iran, while dyed diesel is cheaper because it is exempt from federal and state excise taxes.