Trump boosts ethanol in bid to help farmers fight inflation
Trump boosts ethanol in bid to help farmers fight inflation
The White House announced a series of steps Friday, including a boost for ethanol, aimed at bringing relief to the agriculture industry amid supply chain issues caused by the war in Iran.
The administration is increasing the volumes of biofuels like ethanol that are required to be blended into other fuels for 2026 and 2027. The Environmental Protection Agency (EPA) is finalizing what it described as “the highest levels in program history.”
The announcement came alongside other initiatives, like offering loan guarantees and easing pollution monitoring requirements that the administration says will help farmers.
The war has effectively closed shipping through the Strait of Hormuz, raising the price of not only fuel, but also fertilizer.
“You want that fair shot and a level playing field, and I’m giving that to you, and I think I’m actually giving you much better than a level playing field,” Trump said, speaking from a White House South Lawn event announcing the relief.
Trump called the event, which featured a gold tractor, “the single largest gathering of American farmers the White House has ever seen.”
Trump also doubled down on his call for Congress to........
