August 20, 2019 / 5:31 PM / 4 months ago

Exclusive: Trump orders cabinet to assuage farmer unrest over biofuel policy - sources

FILE PHOTO: U.S. President Donald Trump speaks to reporters before boarding Air Force One to return to Washington from Morristown Municipal Airport in Morristown, New Jersey U.S. August 18, 2019. REUTERS/Jonathan Ernst

NEW YORK (Reuters) - President Donald Trump ordered cabinet members on Monday to stem the tide of rising anger in Iowa and other Farm Belt states over his administration’s decision to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters.

Trump held a two-hour meeting at the White House, two sources familiar with the discussions said. About a week ago, the administration granted 31 exemptions from the nation’s biofuel laws to 31 refineries.

Corn farmers and ethanol producers lobbied to dramatically cut the number of exemptions, which have hit a record under the Trump administration.

Reporting By Jarrett Renshaw and Humeyra Pamuk; Additional reporting by Stephanie Kelly

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