Trump Calls for Gas Tax Suspension—Here’s What to Know

Trump Calls for Gas Tax Suspension—Here’s What to Know
A gas station in Los Angeles displays prices of gasoline on March 11, 2026. John Fredricks/The Epoch Times
A gas station in Los Angeles displays prices of gasoline on March 11, 2026. John Fredricks/The Epoch Times
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President Donald Trump says he supports suspending the federal gas tax to help alleviate the pain at the pump as motorists contend with higher prices.

As of May 15, the national average price for regular gasoline is $4.53 a gallon, according to the American Automobile Association. This is up by about 50 percent since the start of the war in Iran.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."