A Tariff Ceasefire in Time of War Would Help Everybody
President Donald Trump waves as he steps off Air Force One at Joint Base Andrews, Maryland, on his way back from Dover Air Force Base in Delaware, on March 18, 2026. Jim Watson/AFP via Getty Images
Iran’s efforts to close the Strait of Hormuz have made gas prices rise to the point where they may threaten President Donald Trump’s affordability agenda. Whether the closure is short or long, consumers are feeling the pain, just as the latest economic figures show an economy that is sputtering and can use a boost.
E.J. Antoni
Author
E.J. Antoni, PhD is the is the Acting Director for the Thomas A. Roe Institute for Economic Policy Studies and Grover M. Hermann Center for the Federal Budget, and Richard Aster Fellow at The Heritage Foundation.
