US consumers

President Donald Trump says he has approved new fuel economy standards that roll back stricter emissions and mileage requirements put in place under the Biden administration. The move eases obligations on automakers to raise average fuel efficiency, reversing one of the previous administration's key climate policies. The change is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry.

President Trump announced that his administration has ended an electric vehicle rule introduced under President Biden and has updated federal fuel economy standards. The move rolls back emissions and efficiency requirements that had pushed automakers toward electric vehicles. The announcement is drawing attention from the auto industry and environmental groups, who are weighing the impact on vehicle prices, manufacturing plans and US climate goals.

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to a Reuters report. The rollback would ease requirements on automakers to improve mileage efficiency, a reversal of stricter rules pursued under earlier policy. The move is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry.

The Trump administration is preparing a broad rollback of US clean car rules, according to a New York Times report. The move would loosen emissions and fuel-efficiency standards for vehicles, a policy with major consequences for automakers, air quality and the country's climate goals, and it is already drawing attention given the stakes for the auto industry.

President Trump announced new fuel economy standards that he says end the so-called 'EV mandate', rolling back requirements that pushed automakers toward electric vehicles. The move frames loosened efficiency rules as freeing consumers and manufacturers to choose gasoline-powered cars, a decision likely to reignite debate over climate policy and the future of the US auto industry.

The United States is preparing to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to the Detroit Free Press. The rollback would ease efficiency requirements for automakers, with potential consequences for fuel costs, emissions and the pace of electric vehicle adoption. Details of the final rule and its effective dates have not yet been published.

The Trump administration is preparing to roll back fuel economy standards introduced under President Biden, loosening requirements that pushed automakers toward more fuel-efficient vehicles. The move would ease regulatory pressure on car manufacturers and marks a significant shift in US climate and energy policy, drawing attention from industry groups and environmental advocates alike.

President Donald Trump says he has approved new fuel economy standards that end the Biden administration's electric vehicle mandate. The move rolls back requirements pushed under the previous administration to push automakers toward electric vehicles. Coverage from major outlets, including Reuters, highlights the policy reversal as a significant shift in US automotive and climate regulation, with implications for carmakers and the broader EV industry.

President Donald Trump has approved new fuel economy rules, asserting that the change will lead to lower car prices for American consumers. The move relaxes existing fuel efficiency standards, which the administration argues have raised manufacturing costs. Supporters welcome the prospect of cheaper vehicles, while environmental advocates warn the rollback could increase emissions and fuel consumption over time.

President Trump has signed off on revised fuel economy standards, rolling back the Biden administration's push for electric vehicle adoption. The move eliminates the previous mandate that pushed automakers toward EV production, allowing greater flexibility on gasoline-powered vehicles. The decision affects major automakers including Ford and General Motors and is likely to reshape US auto industry investment and emissions policy.

A new report from USA Today examines how high-income Americans continue to spend freely even as economic conditions remain uncertain. Wealthier households, cushioned by savings, investments and strong wage growth, appear to be driving consumer spending while lower-income consumers pull back. Analysts note this split spending pattern is helping keep the broader economy afloat despite persistent concerns about inflation and jobs.

Analysts cited by Nikkei Asia say Chinese electric vehicles will nonetheless enter the US market even without a deal between leaders at the summit. Their view suggests commercial and market forces will push Chinese automakers toward American consumers despite strained diplomatic relations and trade barriers. The claim is drawing attention as Washington and Beijing weigh tariffs and competition in the electric vehicle sector.