The US Department of Transportation will lower fuel economy standards for cars, and Trump says the new regulations will lower new car prices

The US Department of Transportation will determine on Monday the regulations to lower fuel economy standards for automobiles, which will apply until 2031. US President Trump has announced that he has approved new fuel economy standards for cars and trucks, which will lower new car prices. The US Department of Transportation's Daffy said that American auto workers will see victory on Monday. The US Department of Transportation estimates that the new standards will reduce the cost of new cars, but fuel consumption and carbon dioxide emissions will increase in the coming decades.