Big business warns Trump against diesel export ban in joint letter

The biggest business groups in the U.S. warned President Trump against a diesel export ban this week, saying in a joint letter that such an action would prove counterproductive and raise fuel prices rather than lower them. The U.S. Chamber of Commerce, Business Roundtable, National Association of Manufacturers, American Petroleum Institute and dozens of other groups told Trump that an export ban would "lead to less fuel production, tighter supplies and rising costs for American families, farmers and truckers." "You have been asked by some to ban or limit the export of diesel to help lower prices, when in fact the opposite would occur," the groups warned in the letter sent to Trump on Wednesday.