WASHINGTON, DC (Reuters) - The President Donald Trump administration is set to propose a significant rollback of fuel economy standards finalized by former President Joe Biden last year, its latest push to make it easier for automakers to sell gas-powered cars, sources told Reuters.

The National Highway Traffic Safety Administration is expected to propose significantly reducing the fuel economy requirements for 2022-2031 model-year vehicles. President Donald Trump is set to announce the plan at a White House event on Wednesday, Dec. 3, that is expected to include executives from the three largest U.S. automakers, the sources added. The White House and NHTSA did not immediately comment.

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