Trump tries to allay farmer unrest over biofuel policy: Reuters21 August 2019 | 00:06 | FOCUS News Agency
Trump held a two-hour meeting on Monday with members of his cabinet after hearing blowback from farmers after the decision to grant exemptions from the nation’s biofuel laws to 31 refineries, two sources familiar with the discussions said.
It was unclear what actions Trump would be able to take to appease angry farmers. Reversing the waivers is not an option, the sources said, but the administration is trying to find other ways to boost ethanol demand.
Refiners are required to blend biofuels into the nation’s gasoline pool or buy credits to fund those who can. Corn farmers and ethanol producers lobbied to cut dramatically the number of exemptions from these rules, which have hit a record under the Trump administration.
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