Trump administration expected to roll back Obama-era mileage standards

The Trump administration is expected on Tuesday to roll out a rule that would drastically cut the fuel economy standards negotiated under the Obama administration in an effort to battle climate change, according to The New York Times. The Trump rule is reported to cut the year-over-year improvement in mileage required of automakers. While the Obama-era rule required automakers to produce fleets that average nearly 55 miles per gallon (mpg) by 2026. Instead, the Trump rule could bring that number down to 40 mpg over the same timeline.ADVERTISEMENT The Trump administration has argued that cutting Corporate Average Fuel Economy (CAFE) standards will allow automakers to produce cheaper cars,...