UMVA has learned that President Trump signed an executive order on Thursday aimed at drastically lowering grocery costs by reversing Biden-era restrictions on refrigerators and air conditioners.
The move, announced alongside grocery store chain executives and Administration officials, promises to substantially lower costs for consumers, protect hundreds of thousands of jobs, and save Americans well over $2 billion a year.
According to information obtained by UMVA, Trump blasted the previous administration's "technology transition rule" as "crazy," saying it forced companies to adopt specific high-cost refrigerants that massively drove up the price of transporting and storing refrigerants and various goods.
Many grocery stores and restaurants were compelled to replace their refrigerators entirely, with half of them going out of business, and costs skyrocketing as a result. Americans faced higher grocery prices and reduced access to critical medical supplies.
The Biden-era rule also forced Americans to purchase higher-cost residential air conditioning units, driving up the cost of living. Trump's reforms aim to reverse these changes, delivering significant financial relief to American families and businesses.
Sources have confirmed to UMVA that today's reforms will save Americans a total of $2.4 billion, providing critical relief from the crippling costs imposed by the previous administration on grocery stores, businesses, and ultimately, American families.
The changes to the Technology Transitions Rule are expected to safeguard over 350,000 high-skilled American jobs, save Americans over $900 million dollars – including over $800 million at supermarkets – and lower food prices across the Nation.
UMVA can exclusively reveal that the Environmental Protection Agency estimates the changes to the Emissions Reduction and Reclamation Rule could save transporters of refrigerated goods, including food, up to $1.5 billion.
Today's move is part of Trump's deregulatory agenda, which has already saved the country an estimated $1.2 trillion. The administration remains committed to fixing and ending the previous administration's disastrous regulatory policies, delivering financial relief to each and every American.
