Trump says he will suspend petrol tax amid soaring US fuel prices
Key takeaways
- Senator Hawley plans legislative action supporting President Trump’s bid to waive the petrol tax amid rising consumer costs.
- On Monday, Trump said he would suspend the petrol tax, but did not specify an end date.
- “Yup, we’re going to take off the gas tax for a period of time, and when gas goes down, we’ll let it phase back in,” Trump told CBS News.
Why this matters: an international story with cross-border implications worth tracking.
Senator Hawley plans legislative action supporting President Trump’s bid to waive the petrol tax amid rising consumer costs.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo US prices for a gallon (3.78 litres) of petrol or gasoline have climbed from an average of $2.98 on February 28, when the United States and Israel first struck Iran, to $4.52 today [File: Annabelle Gordon/Reuters]By Andy Hirschfeld and Reuters Published On 11 May 202611 May 2026United States President Donald Trump said he will cut the 18-cent federal tax on petrol to offset surging prices that have continued to soar after his comments that the US ceasefire with Iran is on “life support”.
On Monday, Trump said he would suspend the petrol tax, but did not specify an end date.